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Article

4 Aug 2016

Author:
George Ngigi, Business Daily (Kenya)

Kenya: Survey shows low inclusion of women in senior positions in banking sector

"Top bank jobs still elusive for women in Kenya"

Women hold about 29 per cent of top jobs in the banking sector, showing there is room for more gender inclusion. A survey by the Central Bank of Kenya (CBK) further shows that women occupied 20 per cent of board positions with only two serving as chairpersons. The survey included 20 banks. Low gender diversity in the financial sector has been cited as depriving the sector of alternative views to issues affecting it...There are currently three women chief executive in the sector which has 43 licensed players. The three are Nasim Devji of [Diamond Trust Bank], Joyce-Ann Wainaina of Citibank and Ibukunoluwa Odegbaike of Guaranty Trust Bank.

Women constitute 48 per cent of Barclay’s 2,762 employees, 43 per cent of [Co-operative Bank's] 3,948 and 42 per cent of [Kenya Commercial Bank's] 6,082 permanent workers. Barclays has increased the top management positions occupied by women to 34 per cent from 25 per cent in 2014...Barclays, which also boasts a 50/50 gender representation at board level attributed the growth of women to targeted leadership training programme. [Co-orperative Bank], ranked among large banks, has 20 women in its senior management, taking 32 per cent of the available slots. [also refers to Standard Chartered Bank]