Women in Majority at China Banks Differ With India Peers: ChartBloomberg News
Chanda Kochhar worked her way up from trainee to chief executive officer of ICICI Bank Ltd., a journey made more unusual because only 25 percent of the current workforce of 72,000 are women. The one-in-four gender balance is actually high among India’s biggest finance companies, and contrasts with Chinese peers, where four of the five largest lenders have female-majority staffs -- including 57 percent at Bank of China Ltd. India’s proportion reflects traditions that confer lower social status on families where a wife or mother has a job, according to the Organization for Economic Cooperation and Development, while China’s industrialization and one-child policy have resulted in more need for women to work.
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