American Banker asked WIB’s CEO Sheila Ronning to comment on the lack of women on boards at financial institutions. Even with some representation among upper management, there is research that shows that having more women in the boardroom, leads to better decision making and more favorable financial outcomes. Ronning adds that “Gender diversity in the boardroom gives companies more of a competitive edge in the market. Companies with more women in leadership consistently outperform those with fewer women. Ultimately, those with a better representation by women on the board of directors tend to see better financial returns.” Read the complete article here.
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