Diversity Task Force to Launch Survey on Gender Diversity on Boards and in Senior Management

The Singapore National Employers Federation (SNEF) will soon be launching a survey on gender diversity on boards and in senior management with the support of the Singapore Exchange (SGX), Singapore Institute of Directors (SID), BoardAgender and MSF. The survey is part of a study by the Diversity Task Force (DTF) to examine the state of gender diversity on boards and in senior management in Singapore, and its impact on corporate performance and governance.

The DTF was initiated by Mdm Halimah Yacob, Speaker of Parliament, during her term of office as Minister of State (MSF). The move was prompted by the growing concern that women in Singapore continue to be under-represented on boards and in top-level senior management positions despite being highly-educated. The Task Force is chaired by Mrs Mildred Tan,┬áManaging┬áDirector of Ernst & Young Advisory, and comprises industry leaders from the private and people sectors. The Office for Women’s Development is Secretariat to the Diversity Task Force. The DTF is expected to produce a report with recommendations to the Government and businesses in early 2014.