Leaders for Women Survey 2021

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Leaders for Women Survey 2021

Asiamoney’s Leaders for Women survey recognises the banks that have done the most to encourage women in the workplace across Asia’s financial markets

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In its second annual Leaders for Women survey, Asiamoney asked banks across the region to self-report women representation across four major categories – the percentage of women employees they have across their bank; the percentage of women they have at two levels of seniority – managing director and above, or the equivalent level, and vice president or equivalent – and the percentage of women they hired in their most recent graduate intake.

The numbers for each bank represent their percentage of women employees, managing directors, vice presidents and recent graduate hires they have across Asia Pacific.

This includes the specific country results, which have used the pan-Asia representation of women at banks that are headquartered in each country, rather than limiting the data only to employees within that country.

Asiamoney got data from nearly 70 banks this year. We used the most recent figures given by the banks, with the oldest data coming from the end of 2020. The numbers were rounded up or down to the nearest percentage point, with half percents rounded up.

The data for Mainland China and Hong Kong was supplemented by information from banks’ public reports.

In the case of several domestic and international banks, a deep retail banking presence in Asia is reflected in their higher female representation in the workforce numbers.

Asia

Total staff
Senior management
Vice-presidents
Graduate hires

ASIA - WOMEN IN THE WORKFORCE

Women as percentage of total staff
     
International banks %  
HSBC  56%  
Standard Chartered 52%  
Citi  51%  
BNP Paribas  50%  
Commerzbank  50%  
Crédit Agricole CIB 45%  
Deutsche Bank  41%  
Société Générale 41%  
     
Asian banks % Bank nationality
BDO Unibank 76% Philippines
Siam Commercial Bank 71% Thailand
Bank of Ayudhya (Krungsri) 70% Thailand
Kasikornbank 70% Thailand
Golomt Bank 69% Mongolia
First Women Bank 68% Pakistan
Security Bank 68% Philippines
Asia Commercial Bank 67% Vietnam
ForteBank 67% Kazakhstan
Khan Bank 66% Mongolia
Philippine National Bank 66% Philippines
Altyn Bank 65% Kazakhstan
Rizal Commercial Banking Corp 64% Philippines
CTBC Bank 63% Taiwan
Taipei Fubon Bank 63% Taiwan
Trade and Development Bank of Mongolia 63% Mongolia
Hong Leong Bank 62% Malaysia
People's Bank 62% Sri Lanka
Union Bank of the Philippines 62% Philippines
UOB 62% Singapore
Bank Central Asia 61% Indonesia
MUFG Bank 61% Japan
Far Eastern International Bank 60% Taiwan
Hang Seng Bank  60% Hong Kong SAR
KGI Bank 60% Taiwan
Postal Savings Bank of China 60% China
Taishin International Bank 60% Taiwan
OCBC 59% Singapore
Public Bank 59% Malaysia
Bank of China (Hong Kong) 58% Hong Kong SAR
Bank of China 57% China
Ping An Bank 57% China
China Everbright Bank 56% China
CIMB 56% Malaysia
Maybank 56% Malaysia
Bank of Communications 55% China
Bank Danamon 54% Indonesia
China Construction Bank 54% China
Industrial Bank 54% China
Vietnam International Bank 54% Vietnam
Shanghai Pudong Development Bank 53% China
China Citic Bank 51% China
Chong Hing Bank  49% Hong Kong SAR
DBS 49% Singapore
Sacombank 48% Vietnam
Shinhan Bank 48% South Korea
Agricultural Bank of China 45% China
Nations Trust Bank 44% Sri Lanka

ASIA - SENIOR MANAGEMENT

Percentage of women in senior management
     
International banks %  
HSBC 35%  
Standard Chartered 31%  
BNP Paribas  30%  
Credit Suisse  30%  
Deutsche Bank  30%  
     
Asian banks % Bank nationality
Golomt Bank 66% Mongolia
Far Eastern International Bank  55% Taiwan
Altyn Bank  51% Kazakhstan
Bank of China (Hong Kong)  50% Hong Kong SAR
Public Bank  50% Malaysia
Khan Bank  45% Mongolia
CIMB 43% Malaysia
Siam Commercial Bank  43% Thailand
Bank Central Asia 42% Indonesia
Vietnam International Bank 42% Vietnam
People's Bank 41% Sri Lanka
Taishin International Bank 41% Taiwan
DBS 40% Singapore
ForteBank 40% Kazakhstan
Maybank 40% Malaysia
Philippine National Bank  40% Philippines
Taipei Fubon Bank 40% Taiwan
Trade and Development Bank of Mongolia 40% Mongolia
Bank of Ayudhya (Krungsri) 39% Thailand
Hong Leong Bank  39% Malaysia
OCBC 39% Singapore
CTBC Bank  36% Taiwan
Rizal Commercial Banking Corp 36% Philippines
UOB 36% Singapore
KGI Bank  35% Taiwan
Security Bank  32% Philippines
Kasikornbank 31% Thailand

ASIA - VICE-PRESIDENTS

Percentage of women VPs
     
International banks %  
Crédit Agricole CIB 54%  
Commerzbank  51%  
Standard Chartered 39%  
Société Générale 39%  
Citi  37%  
Deutsche Bank  37%  
Credit Suisse  34%  
     
Asian banks % Bank nationality
Philippine National Bank  75% Philippines
First Women Bank 68% Pakistan
Security Bank  64% Philippines
BDO Unibank 60% Philippines
Bank of Ayudhya (Krungsri)  52% Thailand
ForteBank 52% Kazakhstan
Siam Commercial Bank  52% Thailand
Union Bank of the Philippines 52% Philippines
UOB 52% Singapore
Khan Bank  50% Mongolia
Kasikornbank 49% Thailand
Maybank 48% Malaysia
KGI Bank  47% Taiwan
OCBC 47% Singapore
DBS 45% Singapore
People's Bank 45% Sri Lanka
Public Bank  45% Malaysia
CIMB 43% Malaysia
Bank Central Asia 42% Indonesia
MUFG Bank 41% Japan
Bank of China (Hong Kong)  39% Hong Kong SAR

ASIA - GRADUATE HIRES

Percentage of recent graduate hires that are women
     
International banks %  
Standard Chartered 55%  
Citi 53%  
HSBC 52%  
Commerzbank  50%  
Credit Suisse  44%  
Deutsche Bank  41%  
Société Générale 40%  
     
Asian banks % Bank nationality
BDO Unibank 82% Philippines
Vietnam International Bank 82% Vietnam
Commercial Bank of Ceylon 73% Sri Lanka
People's Bank 68% Sri Lanka
Rizal Commercial Banking Corp 68% Philippines
Khan Bank  67% Mongolia
Golomt Bank 66% Mongolia
CTBC Bank  65% Taiwan
Trade and Development Bank of Mongolia 64% Mongolia
Bank of Ayudhya (Krungsri)  62% Thailand
Bank Danamon 61% Indonesia
Taishin International Bank 60% Taiwan
Maybank 59% Malaysia
Bank Central Asia 57% Indonesia
OCBC 57% Singapore
Security Bank  56% Philippines
Shinhan Bank 56% South Korea
Taipei Fubon Bank 52% Taiwan
Philippine National Bank  50% Philippines
Hong Leong Bank  49% Malaysia
KGI Bank  49% Taiwan
UOB 49% Singapore
MUFG Bank 48% Japan
CIMB 47% Malaysia
HBL Bank  45% Pakistan
Sacombank 45% Vietnam
Public Bank  44% Malaysia
NDB Bank  41% Sri Lanka
DBS 40% Singapore

China

Total staff

CHINA - WOMEN IN THE WORKFORCE

Women as percentage of total staff
   
Banks %
Postal Savings Bank of China 60%
Bank of China  57%
Ping An Bank 57%
China Everbright Bank 56%
Bank of Communications  55%
China Construction Bank 54%
Industrial Bank 54%
Shanghai Pudong Development Bank 53%
China Citic Bank 51%
Agricultural Bank of China 45%

Hong Kong SAR

TOTAL STAFF

HONG KONG SAR - WOMEN IN THE WORKFORCE

Women as percentage of total staff
   
Banks %
Hang Seng Bank  60%
Bank of China (Hong Kong)  58%
Chong Hing Bank  49%

Indonesia

Total staff
Graduate hires

INDONESIA - WOMEN IN THE WORKFORCE

Women as percentage of total staff
 
Banks %
Bank Central Asia 61%
Bank Danamon 54%
Bank BRI  33%

INDONESIA - GRADUATE HIRES

Percentage of recent graduate hires that are women
   
Banks %
Bank Danamon 61%
Bank Central Asia 57%

Kazakhstan

WOMEN IN THE WORKFORCE
SENIOR MANAGEMENT

KAZAKHSTAN - WOMEN IN THE WORKFORCE

Women as percentage of total staff
   
Banks %
ForteBank 67%
Altyn Bank  65%

KAZAKHSTAN - SENIOR MANAGEMENT

Percentage of women in senior management
   
Banks %
Altyn Bank 51%
ForteBank 40%

Malaysia

Total staff
Senior management
Vice-presidents
Graduate hires

MALAYSIA - WOMEN IN THE WORKFORCE

Women as percentage of total staff
   
Banks %
Hong Leong Bank  62%
Public Bank  59%
CIMB 56%
Maybank 56%

MALAYSIA - SENIOR MANAGEMENT

Percentage of women in senior management
   
Banks %
Public Bank  50%
CIMB 43%
Maybank 40%
Hong Leong Bank  39%

MALAYSIA - VICE- PRESIDENTS

Percentage of women VPs
   
Banks %
Maybank 48%
Public Bank  45%
CIMB 43%

MALAYSIA - GRADUATE HIRES

Percentage of recent graduate hires that are women
   
Banks %
Maybank 59%
Hong Leong Bank  49%
CIMB 47%
Public Bank  44%

Mongolia

TOTAL STAFF
SENIOR MANAGEMENT
VICE-PRESIDENTS
GRADUATE HIRES

MONGOLIA - WOMEN IN THE WORKFORCE

Women as percentage of total staff
   
Banks %
Golomt Bank 69%
Khan Bank  66%
Trade and Development Bank of Mongolia 63%

MONGOLIA - SENIOR MANAGEMENT

Percentage of women in senior management
   
Banks %
Golomt Bank 66%
Khan Bank  45%
Trade and Development Bank of Mongolia 40%

MONGOLIA - VICE- PRESIDENTS

Percentage of women VPs
   
Banks %
Khan Bank  50%
Golomt Bank 28%

MONGOLIA - GRADUATE HIRES

Percentage of recent graduate hires that are women
   
Banks %
Khan Bank  67%
Golomt Bank 66%
Trade and Development Bank of Mongolia 64%

Philippines

Total staff
Senior management
Vice presidents
Graduate hires

THE PHILIPPINES - WOMEN IN THE WORKFORCE

Women as percentage of total staff
   
Banks %
BDO Unibank 76%
Security Bank  68%
Philippine National Bank  66%
Rizal Commercial Banking Corp 64%
Union Bank of the Philippines 62%

THE PHILIPPINES - SENIOR MANAGEMENT

Percentage of women in senior management
   
Banks %
Philippine National Bank  40%
Rizal Commercial Banking Corp 36%
Security Bank  32%
Union Bank of the Philippines 28%

THE PHILIPPINES - VICE- PRESIDENTS

Percentage of women VPs
   
Banks %
Philippine National Bank  75%
Security Bank  64%
BDO Unibank 60%
Union Bank of the Philippines 52%

THE PHILIPPINES - GRADUATE HIRES

Percentage of recent graduate hires that are women
   
Banks %
BDO Unibank 82%
Rizal Commercial Banking Corp 68%
Security Bank  56%
Philippine National Bank  50%

Singapore

Total staff
Senior management
Vice-presidents
Graduate hires

SINGAPORE - WOMEN IN THE WORKFORCE

Women as percentage of total staff
   
Banks %
UOB 62%
OCBC 59%
DBS 49%

SINGAPORE - SENIOR MANAGEMENT

Percentage of women in senior management
   
Banks %
DBS 40%
OCBC 39%
UOB 36%

SINGAPORE - VICE- PRESIDENTS

Percentage of women VPs
   
Banks %
UOB 52%
OCBC 47%
DBS 45%

SINGAPORE - GRADUATE HIRES

Percentage of recent graduate hires that are women
   
Banks %
OCBC 57%
UOB 49%
DBS 40%

Sri Lanka

TOTAL STAFF
SENIOR MANAGEMENT
VICE-PRESIDENTS
GRADUATE HIRES

SRI LANKA - WOMEN IN THE WORKFORCE

Women as percentage of total staff
   
Banks %
People's Bank 62%
Nations Trust Bank  44%
NDB Bank  39%
Commercial Bank of Ceylon 23%

SRI LANKA - SENIOR MANAGEMENT

Percentage of women in senior management
   
Banks %
People's Bank 41%
Commercial Bank of Ceylon 26%
NDB Bank  22%

SRI LANKA - VICE- PRESIDENTS

Percentage of women VPs
   
Banks %
People's Bank 45%
NDB Bank  37%
Commercial Bank of Ceylon 24%

SRI LANKA - GRADUATE HIRES

Percentage of recent graduate hires that are women
   
Banks %
Commercial Bank of Ceylon 73%
People's Bank 68%
NDB Bank  41%

Taiwan

Total staff
SENIOR MANAGEMENT
VICE-PRESIDENTS
GRADUATE HIRES

TAIWAN - WOMEN IN THE WORKFORCE

Women as percentage of total staff
   
Banks %
CTBC Bank  63%
Taipei Fubon Bank 63%
Far Eastern International Bank  60%
KGI Bank  60%
Taishin International Bank 60%

TAIWAN - SENIOR MANAGEMENT

Percentage of women in senior management
   
Banks %
Far Eastern International Bank  55%
Taishin International Bank 41%
Taipei Fubon Bank 40%
CTBC Bank  36%
KGI Bank  35%

TAIWAN - VICE- PRESIDENTS

Percentage of women VPs
   
Banks %
KGI Bank  47%
Taishin International Bank 37%
CTBC Bank  34%

TAIWAN - GRADUATE HIRES

Percentage of recent graduate hires that are women
   
Banks %
CTBC Bank  65%
Taishin International Bank 60%
Taipei Fubon Bank 52%
KGI Bank  49%

Thailand

Total staff
Senior management
VICE-PRESIDENTS

THAILAND - WOMEN IN THE WORKFORCE

Women as percentage of total staff
   
Banks %
Siam Commercial Bank  71%
Bank of Ayudhya (Krungsri)  70%
Kasikornbank 70%

THAILAND - SENIOR MANAGEMENT

Percentage of women in senior management
   
Banks %
Siam Commercial Bank  43%
Bank of Ayudhya (Krungsri) 39%
Kasikornbank 31%

THAILAND - VICE- PRESIDENTS

Percentage of women VPs
   
Banks %
Bank of Ayudhya (Krungsri) 52%
Siam Commercial Bank  52%
Kasikornbank 49%

Vietnam

TOTAL STAFF
GRADUATE HIRES

VIETNAM - WOMEN IN THE WORKFORCE

Women as percentage of total staff
   
Banks %
Asia Commercial Bank 67%
Vietnam International Bank 54%
Sacombank 48%

VIETNAM - GRADUATE HIRES

Percentage of recent graduate hires that are women
   
Banks %
Vietnam International Bank 82%
Sacombank 45%
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