Best Practices

Advancing Women in Finance: Strategies to Build Leadership Representation

October 2025

This report examines women’s representation across financial services and the barriers that limit their advancement—particularly for women of color. While women make up nearly half of the financial services workforce, their representation drops sharply at senior levels, with only 31% in executive roles and far fewer among women of color. The report highlights organizational strategies that are helping close these gaps, including leadership programs, sponsorship initiatives, and visibility campaigns. Case studies from Capital Group, Centene, Chubb, Frazier & Deeter, Mazars, and StepStone show how targeted development, mentorship, and inclusive culture-building are driving measurable progress. Use this resource to identify actionable ways to support women’s advancement and strengthen gender equity across the financial sector.


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