The report underscores Bangladesh’s progress in narrowing the ambition gap between genders, indicating a closely matched level of career aspirations among male and female bankers. This trend is seen as pivotal for fostering inclusive growth and unlocking the full potential of the banking workforce.

Imad N Fakhoury, IFC’s regional director for South Asia, emphasized the economic benefits of gender diversity in leadership, citing global data showing increased profitability for companies with higher female representation. He stressed the importance of overcoming barriers that hinder women’s advancement in the banking industry through collaborative efforts to redefine policies and cultural norms.

Titled ‘Women’s Advancement in Banking in Emerging South Asian Countries,’ the report advocates for inclusive workplaces and tailored professional development to support women’s progression to leadership positions. It highlights that while women constitute 30% of the banking workforce in Bangladesh, efforts are needed to expand this talent pool and ensure equitable opportunities for career growth.

The recommendations put forward in the report aim to guide industry leaders, policymakers, and stakeholders in enhancing women’s representation and leadership in Bangladesh’s banking sector. By promoting fair performance evaluations, work-life balance initiatives, and supportive networks, the report seeks to build on existing successes and address remaining challenges.

The findings underscore Bangladesh’s commitment to fostering a more inclusive banking sector, aligned with global standards of corporate social responsibility (CSR) promoting gender equality and sustainable business practices.