Sunday 19 May 2024
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KUALA LUMPUR (May 23): Malaysia has almost achieved its target of having women make up at least 30% of board members among the top 100 public-listed companies by April 1, the Dewan Rakyat was told on Tuesday (May 23).

Women, Family and Community Development Minister Datuk Seri Nancy Shukri said women currently account for 29.7% of directors in these companies  
 
She said this was a significant improvement over the situation in 2016, when only 14% of companies had a minimum of 30% of women on their boards.  

Meanwhile, 21% of the entire 971 listed companies in Malaysia have at least 30% women as directors, while for government-linked companies, the percentage is 24%, Nancy said.

She added that Public Service Department statistic showed that the number of women at the top management level or C-suite in the public service sector stood at 38.8% as of December 2022.

“This statistic covers 56% of the 27 ministries including the Prime Minister’s Department, that have achieved the target of at least 30% women at the highest management level,” she said.

The minister was replying to a question by Datuk Mohd Suhaimi Abdullah (PN-Langkawi), who wanted to know whether or not the 30% quota of women holding top management positions has been reached.

For more Parliament stories, click here.

Edited ByS Kanagaraju
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