Team Blitz India
NEW DELHI: Forty percent of Chief Financial Officer (CFO) positions and 50 percent of HR Director positions in India are now held by women, according to a report by executive search firm LONGHOUSE Consulting.
With an impressive 39 percent of companies employing women in CXO positions, India Inc outpaced the global average of 32 percent, showed the survey report titled The State of Women Leadership Hiring in India. It is based on information gathered from various sources, including internal talent data, career portals of employers, and year-on-year hiring trends.
The report further states that an impressive 98 percent of businesses in India have at least one woman in senior management roles, surpassing the global average of 90 percent.
The historic trend suggests that year-on-year women’s representation in executive boards increased by a significant 2 percent in 2023. Currently, women hold 12 percent of the board seats in India.
