Latin America's management gender parity will be slow

Subject

Women's representation in management and company boards.

Significance

While reports show that women in Latin America and the Caribbean (LAC) are increasingly taking on more management roles, these rarely extend to the highest positions of leadership, including board positions. Growing evidence links women’s representation in these senior leadership positions to improved business outcomes.

Impacts

• High rates of women’s workforce participation may help to offset economic trends that threaten to boost poverty.
• Gender parity is rising, but many obstacles to an increased female presence in senior management persist.
• Shareholders will seek more gender diversity in management as the business case for gender diversity builds.