Making way for women leaders

Read the ABA Banking Journal article here.

Here is a brief summary:

• Women make up more than half of the banking industry’s total employees, but only 7.5% hold the CEO title.
• Lack of diversity in leadership positions in banking organizations means missed opportunities.
• Companies with greater leadership diversity are more innovative and profitable.
• Commitment to diversity should start with the bank’s board of directors.
• A board that maintains an equal balance between men and women is critical for women to advance into the C-suite.
• Women tend to underestimate their abilities, while men overestimate them, creating a “confidence gap.”