gender-gap-persists-among-insolvency-professionals

Gender Gap Persists Among Insolvency Professionals: Only 10% Women

In the world of insolvency professionals, the gender disparity is stark evidenced by the fact that only 10% of the 4,352 registered IPs are women. The profession continues to grapple with gender imbalance, with efforts to address the issue still falling short. Despite initiatives to promote diversity and inclusion, the representation of women in insolvency remains significantly low.

According to reports, the number of female insolvency professionals is far from reflective of gender equality, highlighting the sector’s struggle to achieve a balanced demographic. The disparity in numbers suggests systemic challenges that hinder women from entering and advancing in this field effectively.

Despite the increasing emphasis on gender diversity in various industries, the insolvency sector lags in creating opportunities for women to thrive as IPs. Progress in bridging the gender gap in this profession has been slow, indicating the need for more targeted interventions and support to encourage female participation.

Efforts to improve gender equity in the insolvency profession are essential to ensure a more inclusive and diverse workforce. The underrepresentation of women among IPs not only limits the talent pool but also reinforces existing biases within the industry. Addressing these disparities is crucial for fostering a more balanced and equitable environment for all professionals.

Read the full story by: m.economictimes.com