Policies and laws play an essential role in promoting gender diversity and equality. While societal attitudes towards gender have evolved over time, there are still significant disparities and inequities that persist. Gender-based discrimination, unequal opportunities, and biases continue to exist in the banking sector.
Studies have shown that greater gender diversity in leadership positions in Banking and Finance can lead to better financial performance, improved risk management and increased innovation.
It’s important to note that while policies and laws are crucial, they should be complemented by efforts such as awareness campaigns, education, and cultural shifts to effectively promote gender diversity and equality. The multifaceted nature of gender issues requires a comprehensive approach involving various stakeholders, including governments, central banks, women associations and individuals.
Do we need policies and laws for promoting gender diversity and equality in the banking sector ?
