Staff Reporter
Islamabad
Commissioner Securities and Exchange Commission of Pakistan (SECP) Sadia Khan presented the latest data from Pakistan on women on boards and in business leadership in a Webinar organized by the Pakistan Institute of Corporate Governance and the Centre of Excellence in Responsible Business.
The data was compiled by a joint team from SECP and Pakistan Stock Exchange (PSX), in order to gain valuable insights into the impact of the regulatory changes brought about in 2017 which made the presence of at least one female director on the boards of listed companies mandatory.
The results show a meaningful increase in the number of women directors in listed companies, from 9% in 2015 to 12% in 2019. During the same period, number of companies with female directors increased from 30% to 56%.
The proportionate representation of independent female directors has also increased from 6.7% to 14.6%.
The number of female chairpersons has also increased by 50% during the same period. The sectors with the highest number of women on their boards in 2019 include the Textile and Manufacturing sectors.
