The benefits of gender diversity are well known – it increases effectiveness and efficiency and
strengthens decision-making. Yet, 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. 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. This 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