Gender Diversity in The Executive Board: 2024 Report to The Board Of Governors

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.
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Volume/Issue: Volume 2024 Issue 006
Publication date: May 2024
ISBN: 9798400273933
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Money and Monetary Policy , Political Economy , Gender Studies , IMF's transparency policy , executive board working group , member country authorities , IMF staff , Gender diversity in the executive board , Gender diversity , Women

Summary

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