March 15th, 2017
March 14, 2017
Women continue to be underrepresented in the upper echelons of Bay Street's biggest financial institutions.
Only five are listed among the 30 top executives at the country's six largest lenders, according to recent regulatory reports, and one advocate says they're getting "winnowed out" around middle management.
There's a "healthy pipeline" of women in more junior roles and banks are setting aggressive gender-parity targets, said Jennifer Reynolds, president and CEO of Women in Capital Markets, an organization that advocates for women in finance.
But when it comes to sitting in the corner office, women continue to be short-changed. There still has never been a female CEO of a major Canadian bank.
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