Women's representation on corporate boards is rising, yet few reach chair or CEO roles
Executive summary: Consob's corporate governance survey recorded a higher share of women on the boards of Italian listed firms compared with previous years. Greater board diversity is linked to better decision‑making and risk oversight, but the scarcity of women in chair and CEO posts signals unresolved cultural and procedural obstacles. Italian listed companies, the Consob regulator, female directors, and nomination committees responsible for board appointments. Regulators may consider stricter gender‑balance rules or reporting requirements, while companies could expand leadership‑development programs for women.
The latest Consob report shows a steady increase in female directors across Italian listed companies, reflecting broader governance trends. However, the data reveal a persistent bottleneck at the top, with women still underrepresented as presidents and managing directors. This pattern suggests that while entry‑level board diversity improves, structural barriers to leadership positions remain. Addressing these gaps may require targeted mentorship, quota adjustments, or stronger accountability measures.
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