Channel NewsAsia
Updated: 01/21/2014 00:20 | By Channel NewsAsia

Report on gender diversity on company boards expected in mid-2014

Report on gender diversity on company boards expected in mid-2014


Report on gender diversity on company boards expected in mid-2014

SINGAPORE: A task force formed to examine the state of gender diversity on boards and senior management of listed companies is now analysing its findings and reviewing recommendations.

Minister for Social and Family Development Chan Chun Sing said this in a written Parliamentary reply to a question by MP for Nee Soon GRC, Lee Bee Wah.

Ms Lee asked if the ministry has done studies to find out why female representation on the boards of listed companies in Singapore is low.

Mr Chan said the Diversity Task Force, formed in late 2012, conducted a survey, focused on gender diversity on boards and in senior management, in July last year.

It did so with SGX-listed companies and statutory boards.

The report is expected in the middle of this year.

In addition, Mr Chan said the Singapore Council of Women's Organisations raises awareness on the economic benefits of gender-balanced boards for businesses.  - CNA/ms

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