Tipping the scale

Diversity in financial services leadership is increasingly a defining element of long-term success, talent development and competitiveness. Studies show that companies with greater gender diversity on their executive teams can consistently outperform peers on profitability, governance, and resilience.

Hong Kong has made measurable progress in this area. At least 60 women now hold, or have held, CEO positions in the sector, supported by a cultural heritage that values entrepreneurship, merit-based opportunity and an international outlook.

Jointly authored by Women Chief Executives Hong Kong (WCE), KPMG China, and the Women’s Foundation (TWF), this report provides a fact driven, current state snapshot of gender diversity in Hong Kong’s financial services industry. Drawing on a survey of over 530 financial professionals in Hong Kong, as well as interviews with senior leaders, next generation leaders, and male allies, it examines the enablers that have supported women’s career advancement in Hong Kong — as well as the gaps that hold opportunities for further growth and advancement. 

cite visible female leadership as the single most influential workplace enabler. Women are 37% more likely to say progress feels real when they see a woman at the top

of women report access to regional assignments, enabling broader career pathways and exposure to leadership opportunities across Asia

of women have access to remote work policies – those with access are significantly more likely to report positive career progression and family support   

Our talented people are at the heart of KPMG. We are fundamentally a people business, and it is through them that we make the difference to each other, clients and society. We recognise that this can only happen through the creation of a culture that is inclusive, diverse, rewarding and supportive. As a key component of KPMG Values, the gender diversity concept is deeply rooted in our culture. In addition to our internal work, through initiatives such as this report, we actively work externally with other organisations and business partners in the community to promote gender quality and build an inclusive corporate culture outside the firm.