IMF’s Lagarde On The Absence Of Women At Banks

The lack of women in finance is unfair to women and bad for banks, International Monetary Fund Managing Director Christine Lagarde told Yahoo Finance this week at the World Economic Forum.

“There’s something wrong,” said Lagarde, who has helmed the IMF since 2011. “If you look at the composition of boards in that sector, only 20% of them are women. If you look at the CEOs of the financial sector, only 2% are women … our societies don’t look like that. And if you look at graduates from universities and business schools, it doesn’t look like 20% or 2%. It’s a lot more than that.”…The lack of women in finance