Finance

Accelerating development of women leaders in critical areas

In the financial-services industry, gender parity isn’t an issue, as women account for more than 50% of the overall workforce. However, women in leadership roles continues to be a critical area of opportunity for organizations looking to achieve the better business outcomes associated with diverse leadership ranks.

According to a report co-authored by Deloitte and 100 Women in Finance, an industry association, women filled 21.9% of leadership positions at financial-services firms in 2019. While that proportion is projected to grow to 31% by 2030, organizations cannot afford to delay acting to accelerate women into key leadership positions.

Organizations must consider the following: According to separate Deloitte study, just six of the 107 largest public financial institutions in the U.S. had female CEOs in 2019. In the financial-services industry, more women in senior management serve in the focus areas of marketing, talent, administration, or legal, versus other core operating units. And nearly two-thirds of CEOs and half of senior leaders at financial institutions have overseen business lines – yet women account for only 9% of those positions.

It’s time for financial-services organizations to double down on their commitment to advancing the women in their ranks and diversifying their senior leadership ranks. Linkage’s Advancing Women Leaders Signature Solution equips organizations with the assessments, virtual and in-person programming, and consulting necessary to move the needle.

Linkage is a trusted partner to the financial-services industry

With decades of experience working with leading organizations and firms in the finance industry, we are proud to support the acceleration of leaders in this space.

Explore our success stories with clients in the financial sector to discover how Linkage’s leadership development programs have accelerated the advancement of leaders at these prestigious organizations.