Need Female Board Members? Chile's Government Has a List for You

  • Women directors in IPSA index inch up but only a bit, to 9%
  • Chile ‘behind the times’ as investors focus on gender parity
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Some corporate executives made such a fuss about not being able to find enough women to diversify their boardrooms that the Chilean government came up with a list of 136 candidates to help them out.

Maybe that sparked a little fire, because the annual round of shareholder meetings ended last month with four more women among the more than 250 directors in the benchmark IPSA index. It was pretty lean progress, though. Now 9% of people on boards at the 30 corporations are women, up from 7.8% last year.