Christine Lagarde’s leadership of the ECB is not the norm and efforts to appoint women to senior positions have fallen flat
London — Christine Lagarde’s appointment to lead the European Central Bank was a landmark event in improving gender diversity in economic policymaking, but global central banks still have a long way to go.
Recent efforts to appoint women to senior central banking positions have fallen flat. While the UK government worked with diversity specialists to replace governor Mark Carney, two women applied and the role went to Andrew Bailey. Overall, OMFIF’s gender balance index improved to 28% in 2020 from 25% a year earlier, the think-tank said, with a score of 100% representing perfect balance between women and men. The improvement reflects progression within senior positions, as well as the appointment of more women to deputy governor positions.
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