Increase in female representation at senior level but progress remains slow

Varlet said that at the time of the fund launch in April 2019, data showed that 4% of CEOs were women and female representation on executive committees stood at 14%.  "Two years later, we have done the work again and the 14% of women in the executive committee is now 16% and 6% of CEOs are now women. There has been some progress, but it is very slow." She added: "We have observed that women are more likely to cut their working hours due to the pandemic, they are more likely to be furloughed, [and] are much more exposed to sectors that have been hit hard by the pandemic." Diversity ...