Chief exec gender imbalance will take a decade to fix, says JP Morgan boss Dimon
A wave of female chief executive officers could be at least a decade away, according to chief executive of JP Morgan Chase & Co Jamie Dimon.
Speaking at a female leadership event in New York yesterday Dimon said it could be between 10 to 15 years until women make up 10 per cent to 15 per cent of top jobs, according to Bloomberg.
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Dimon said JP Morgan had made progress with promoting women into senior roles, but added that it is an issue that only 30 per cent of vice presidents at the investment bank are female and 10 of the 12 board members are men.
This year, 24 women were in charge of companies that made the annual Fortune 500 list, which ranks the top businesses in the US by revenue, which is just under five per cent.
The highest ranking company with a female leader on this year's list was Mary Barra, chief executive of General Motors, in 10th place.
Only three per cent of women in the largest 500 companies worldwide are women, according Ipsos Mori statistcs published on International Women's Day in November this year.
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