India’s corporate boardrooms need more than the mandatory appointment of one woman director, with business leaders at the CNBC-TV18’s Future Female Forward townhall calling for women to account for 33% of board representation.
Women business leaders have called for a higher gender quota on corporate boards, saying the existing requirement for at least one woman independent director risks becoming a compliance exercise rather than driving a wider change in boardroom representation.
Manisha Girotra, CEO of Moelis India, said the quota should be increased to 33%.
Read more at: https://www.cnbctv18.com/business/future-female-forward-women-leaders-push-for-33-pc-board-representation-20002443.htm
