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Record number of women directors on SGX listcos, but nearly a third still have all-male boards: SID report

Jovi Ho
Jovi Ho • 5 min read
Record number of women directors on SGX listcos, but nearly a third still have all-male boards: SID report
36.5% of small-cap firms do not have any women directors, while only 6.5% of large-cap firms do not have any women on their boards, according to a biennial analysis by SID. Photo: Bloomberg
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Women hold 18.3% of the 3,796 board seats at Singapore-listed firms as at Dec 31, 2024, up from 14.9% at end-2022, while the percentage of individual women directors has increased to 18.9% from 15.4% over the same period.

Both figures are record highs for the Singapore Directorship Report, a biennial analysis by the Singapore Institute of Directors (SID) and academics.

Of the 3,108 individual directors across 615 firms listed on the Singapore Exchange (SGX) as at end-2024, 587 (18.9%) are women, up from 503 (15.4%) at end-2022.

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