UPLIFTING MORE WOMEN TO LEADERSHIP ROLES

The corporate world has been exerting pressure on women empowerment initiatives for quite a while now.

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As a result, it is true to an extent that women in executive roles and women in management have increased statistically over the years. But are we really doing enough to empowering women in business and creating an environment for leadership development for women? Not enough is the answer. Over the past few years, the number of women in leadership roles has not been gaining momentum.

According to a global report by Grant Thornton, the percentage of female CEOs in the global mid-market sat at 28 percent in 2023, while 2024 saw a sharp decline in female CEOs, with the number dropping to 19 percent. The statistics from India tell a similar story. According to a LinkedIn report, women held 18.3 percent of senior leadership positions in India in 2024, a slight decrease from 2023. Sonia Kutty, Senior Vice President - People & Culture, Quest Global, joins us for an exclusive interview to decipher the challenges and solutions for achieving gender equality in leadership. Below is an excerpt from the interview.

Tell us about the initiatives you have undertaken to promote qualified women for executive and C-suite leadership roles.