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Businesses, society to benefit as more women take the lead, says President Halimah

Amala Balakrishner
Amala Balakrishner • 2 min read
Businesses, society to benefit as more women take the lead, says President Halimah
SINGAPORE (Sept 20): The economy and society are poised to benefit as more women take on management roles in businesses, says President Halimah Yacob, Singapore’s first female head of state.
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SINGAPORE (Sept 20): The economy and society are poised to benefit as more women take on management roles in businesses, says President Halimah Yacob, Singapore’s first female head of state.

Speaking at the Women’s Forum Asia on Wednesday, Madam Halimah cited a survey of over 1,000 Asian firms by the International Finance Corporation, which revealed that companies where at least 30% of the directors were female fared better than firms with all-male boards.

"To this extent, organisations in Singapore must continue to embrace diversity in leadership positions, which has been shown to lead to positive impact on business profitability, a more robust corporate governance, as well as fresh and innovative perspectives," she says.

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