According to TechCrunch, fewer than 1 in 10 people making investment decisions at venture capital firms are women, and three-quarters of these firms have zero female investors. Furthermore, there were only 24 companies with female chief executives among the Fortune 500 in 2018. There’s a long way to go before we reach gender parity in most industries and societies throughout the world, but it’s crucial that we continue to champion women because, as the slogan for International Women’s Day 2019 points out, balance is better.
Having diverse leadership helps companies increase their understanding of their customers, so they can perform better financially. For businesses focused on social good, this can also translate to making a greater impact. When it comes to financial inclusion, we need women in power as we work to overcome the persistent gender gap in access to financial services and ensure that all women have useful financial tools that can help them gain independence and seize more opportunities.
As we strive to close this gap and build an inclusive financial system, we’re proud to have a diverse team leading the charge. Three in five people who work at Accion are women, and at Accion Venture Lab, more than half of all full-time staff are women.
We’re highlighting some of these leaders who are working to build a more inclusive world in our annual International Women’s Day blog series on the women of Accion and our partners. Check out this additional article to learn about more inspiring women.
Here are a few of the leaders we’re proud to work with: