On Thursday, 14 November 2013, the third Singapore Board Diversity Report was launched by BoardAgender, along with the Centre for Governance, Institutions & Organisations and supported by UBS and SGX. Dr. Marleen Dieleman, Associate Director, NUS Business School CGIO, presented the findings of the report which shows that only 7.9% of directors are women.
The findings reveals a slowly upward going trend from last year (7.3%) and (6.9%) in 2011, where the first report was launched. This year’s research also showed that the appointment of a women director on a company board can increase both Return on Assets and Return on Equity.
The auditorium at UBS was filled with senior business leaders and representatives from the government and media. Mr Tan Chuan-Jin, Acting Minister of Manpower, was the key speaker and panellist together with Dr. Marleen Deieleman, Mrs Arfat Selvam, Managing Director, Duane Morris & Selvam LLP, and Mr Patrick Ang, Deputy Managing Partner of Rajah & Tan LLP. Each speaker supported the report’s findings and shared their thoughts on how to get more women into senior positions and in to the boardrooms of SGX listed companies.
- Human Resources Online: Why Women Are Your Company’s Biggest Asset
- Singapore Business Review: Why Singaporean women are company’s biggest asset
- The Straits Times: Proportion of women on boards of Singapore-listed firms still dismal
- The Business Times: Gender diversity in boards beneficial but at slow pace
- Free Malaysia Today: Malaysia has more women in boardroom than Singapore
- Channel NewsAsia: Female representation in SGX-listed boardrooms up from 7.3% to 7.9%
- One News Page: Malaysia beats Singapore in boardroom gender diversity – NUS study
- New Straits Times: Malaysia beats Singapore in boardroom gender diversity – NUS study
- TodayOnline: Slow-progress in gender diversity on boards of SGX-listed firms
- The Malaysian Insider: Malaysia beats Singapore in boardroom gender diversity – NUS study
- Channel NewsAsia Video: Female representation in SGX-listed boardrooms up from 7.3% to 7.9%
- Moneycontrol.com: Singapore has fewer women in boardrooms than China