Malaysia has the lowest proportion of senior business roles held by women in Asean, a latest report by Grant Thornton revealed.
The 2017 International Business Report (IBR), a survey conducted between October-December in 2016, discovered that only 24% of senior business roles were held by women in Malaysia, down from 26% recorded in the 2016 IBR.
Meanwhile, 34% of businesses here have no women in senior management, up from 31% previously.
The annual survey highlighted that Indonesia had the highest proportion of senior business roles held by women (46%) followed by Philippines (40%), Thailand (31%) and Singapore (30%).
Grant Thornton Malaysia country managing partner Datuk NK Jasani said while businesses across Asean have increased the proportion of senior roles held by women, Malaysia was still only half-way there.
“This is a real concern for business growth as it suggests we are not maximising the potential out there.
“Diversity will be key to their success and those that remain closed are putting themselves at risk of not tapping their full potential and losing access to diversity of thinking,” he added.