Roughly a quarter of positions on executive management teams at 28 large U.S. banks were held by women in 2021, according to a new report by credit rating agency DBRS Morningstar. The report found that 26% of executive management positions among the banks sampled were held by women last year, up from 18% in 2014. One bank had a female CEO, with chief human resources officer being the only executive-level position where women were in the majority at 70%.
Women had more representation on boards of directors, accounting for 32% of board seats among the banks sampled. Women held 22% of board seats in 2014.