GITNUX MARKETDATA REPORT 2024

Statistics About The Most Powerful Women In Banking

Statistics about the most powerful women in banking focus on their representation in top executive positions, board memberships, and overall impact on the industry.

Last Updated: June 23, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we explore the landscape of women in banking, shedding light on the statistics and narratives that define their presence and influence in the sector. From the progress made in achieving gender parity to the notable women breaking barriers and leading major financial institutions, the most powerful women in banking are shaping the industry in significant ways. Join us as we delve into the data and stories that highlight the accomplishments and challenges faced by women in this pivotal industry.

Statistic 1

"Despite progress, only 3% of bank CEOs worldwide were women as of 2022."

Statistic 2

"Marianne Lake of JPMorgan Chase was named one of the most powerful women in banking for multiple consecutive years."

Statistic 3

"Bank of America’s commitment to gender parity aligns with their goal of 50% women in senior leadership roles by 2030."

Statistic 4

"In 2021, Jane Fraser became the first female CEO of Citigroup."

Statistic 5

"Female board representation in banking reached 26% globally in 2020."

Statistic 6

"Females have been increasingly credited with key banking innovations, with 35% of new ideas between 2018-2020 coming from women leaders."

Statistic 7

"Women now account for 46.2% of employees in finance and insurance sectors as of 2021."

Statistic 8

"Santander Bank has been lauded for its female leadership initiatives in banking."

Statistic 9

"In 2019, the percentage of female executives in banking reached 30%."

Statistic 10

"PNC Financial Services Group has been recognized for its commitment to gender diversity in leadership."

Statistic 11

"In 2020, 50 women were featured in American Banker's "Most Powerful Women in Banking" list."

Statistic 12

"The proportion of women in banking leadership grew from 17% to 22% between 2016 and 2020."

Statistic 13

"Wells Fargo is known for having one of the highest percentages of women in their C-suite in the banking industry."

Statistic 14

"In 2020, Thasunda Brown Duckett became the first woman of color to be named CEO of TIAA."

Statistic 15

"Beth Mooney was the first woman to serve as CEO of a top-20 US bank, KeyCorp."

Statistic 16

"The financial sector’s gender pay gap was 21% in 2020."

Statistic 17

"Women hold less than 25% of senior positions in banking globally."

Statistic 18

"As of 2021, four out of the top 10 most powerful women in banking held CEO positions."

Statistic 19

"Cathy Bessant was recognized as the most powerful woman in banking for several years by American Banker."

Statistic 20

"Over 43% of all US banks have at least one woman on their boards as of 2021."

The statistics presented highlight both progress and persistent challenges for women in banking. While there have been notable advancements such as increasing female representation in leadership roles, recognition of women’s contributions to innovation, and the appointment of female CEOs at major financial institutions, disparities like the low percentage of women as bank CEOs worldwide and the ongoing gender pay gap underscore the need for continued efforts towards gender equality in the banking industry. Initiatives promoting gender diversity and inclusion, like Bank of America’s commitment to achieving parity in leadership and Santander Bank’s female leadership initiatives, are crucial for driving positive change and empowering women to thrive in banking.