At Highwire, our Financial Services practice keeps a close eye on the people and organizations that are changing the industry. We’re kicking off a brand new quarterly “Ones to Watch '' series that recognizes these leading luminaries and rising stars.
As a women-led agency, we wanted to kick off the series with a focus on women in banking – a space where a significant gender gap remains, particularly at the executive level. According to McKinsey, women make up 53% of the entry-level banking workforce, but less than one-third at the SVP and C-suite levels.
At the same time, women have made significant strides to create change and bring up other women leaders around them. In fact, if you look back about 10 years ago, only one in five executive banking roles were held by women. That means we’ve seen more than 60% growth in female executive leadership in the last decade alone.
Where we’ve also seen recent progress are the programs that banks have created to help the women they serve. There are many instances of programs to help provide access to capital, mentorship and advice for women-owned businesses. And, almost every major bank has created initiatives to help women become more confident in their abilities to manage their financial life. Many of these programs are created and led by women leaders at the banks on our "Ones to Watch" list.
To recognize some of the incredible women blazing new trails across all banking divisions – from corporate and commercial banking to diversity, equity and inclusion programs – to set a new standard for gender equity, here is our “Ones to Watch: Women in Banking” list.
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