Gender Diversity in The Executive Board: 2024 Report to The Board Of Governors
Policy Papers, May 29, 2024
Source details
- Canonical URL
- Gender Diversity in The Executive Board: 2024 Report to The Board Of Governors
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Bibliographic details
- Published: May 29, 2024
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9798400273933.007
Overview and key message
- Publication date: May 29, 2024
- Core finding: The IMF Executive Board continues to fall short of reaching gender balance, with women constituting a small minority of the Executive Directors and Alternate Executive Directors.
- Rationale: The benefits of gender diversity are well known – it increases effectiveness and efficiency and strengthens decision-making.
- Imperative: There is a clear need for change. The IMFC has called on the membership to take action, including by introducing voluntary medium-term objectives to raise the number of women holding leadership positions at the Board.
- Purpose of report: Summarizes the Executive Board’s recommendations for these targets and lays out proposals for concerted actions that can be taken by individual countries and constituencies.
Findings and analysis
- Representation:
- Women constitute a small minority of the Executive Directors and Alternate Executive Directors (exact current counts not provided in this document).
- Institutional benefit:
- Gender diversity is linked to increased effectiveness, efficiency, and stronger decision-making within the Executive Board.
- Policy momentum:
- The IMFC has called on membership to take action and consider voluntary medium-term objectives to raise the number of women in Board leadership positions.
Recommendations and proposed actions
- Targets:
- The report summarizes the Executive Board’s recommendations for voluntary medium-term objectives to raise the number of women holding leadership positions at the Board.
- Constituency and country action:
- Lays out proposals for concerted actions that can be taken by individual countries and constituencies (specific actions and modalities are presented in the report).
- Emphasis:
- Focus on membership-driven, voluntary medium-term objectives and coordinated efforts to increase female representation among Executive Directors and Alternate Executive Directors.
Content in this bundle
- Policy Paper