While significant progress has been made in the representation of women in board rooms, the reality highlights something different – most of these positions are non-executive, meaning women still lack decision-making power.

As our CEO, Johanna Beresford has stated in the City AM, “focus on really understanding the psychology of leadership and how this drives positive change.” The way to progress is not just through representation but to focus on systemic and behavioural change.

A McKinsey Global Institute report finds that $12 trillion could be added to global GDP by 2025 by advancing women’s equality. Therefore, this isn’t just about being fair but an economic imperative. Moving forward, we need to prioritise developing leadership pipelines that prepare more women to take up senior positions. This is how we can close the increasing gender pay gap and drive progress. It’s time to move beyond discussions and take concrete actions to break down the systemic barriers.

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