Home Banking Only 14% of financial institutions headed by women, CBDC threat to privacy, and more

Only 14% of financial institutions headed by women, CBDC threat to privacy, and more

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Only 14% of financial institutions headed by women

By Clive Horwood

OMFIF’s Gender Balance Index 2022 reveals gradual but not fundamental progress in the representation of women in the upper echelons of global finance. The GBI, now in its ninth year, tracks the number of senior positions held by men and women at central banks, public pension funds, sovereign funds and commercial banks. While progress has been made across all four groups, the number of institutions that achieved gender balance fell to 0% this year, down from just 1% last year.

How real is the CBDC threat to privacy?
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By Philip Middleton
There are many possible arguments against the introduction of a central bank digital currency. However, the objection that seems to command the greatest volume and emotion is the alleged threat that CBDCs pose to the privacy and liberty of the citizen.  

Competing definitions of the metaverse point to different futures
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By Lewis McLellan
Cryptoassets offer the possibility of better and cheaper financial services that empower individuals. However, they also pose potential risks to people and the financial system. 
 
 MEETINGS 
Central banks and digital currencies
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Wednesday 11 May, SymposiumAfter a year of comprehensive research by central banks across the globe on the benefits and limitations of digital currencies, OMFIF is hosting the annual Digital Monetary Institute symposium. 
 
ON DEMAND 
Looking back on 25 years of the MPC
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Andrew Sentance, former member of the Bank of England’s Monetary Policy Committee, speaks to Neil Williams, OMFIF’s chief economist, on the 25th anniversary of the MPC, sharing his experience of being one of the more outspoken members.  
 
 Gender Balance Index 2022
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The path for women to reach the top of leading financial institutions is slowly opening up, but the industry still falls far short of where it needs to be. OMFIF’s Gender Balance Index 2022 reveals gradual but not fundamental progress in the representation of women in the upper echelons of global finance.

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