31 January 2019 Editors Choice 4 Min Read

Maria Ramos’s Absa exit sharply shows dearth of women in SA’s top jobs

There are now no female CEOs running any of SA's 40 largest listed companies, and women make up only a fifth of directors serving on the boards of listed companies

in Business by Nadia Mans-Kemp

Extract

The CEO of one of SAs top four banks — Absa — announced this week that she is retiring after 10 years in this role.

Employment equity at the bank improved under Maria Ramos’s guidance. Both the number of black women and men in senior management positions increased during her period as CEO.

Given that she was the only female CEO of the top 40 companies listed on the JSE, gender diversity has taken a knock as a result of her retirement.

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Maria Ramos’s Absa exit sharply shows dearth of women in SA’s top jobs

There are now no female CEOs running any of SA's 40 largest listed companies, and women make up only a fifth of directors serving on the boards of listed companies

Subscribe to our website to read this article and support quality journalism.

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