Singapore, a country that has a reputation in Asia for its male-dominated corporate boards, has experienced a slight improvement in the number of female board directors.
According to the latest report from Deloitte, Women in the boardroom: A global perspective, 10.7% of board seats in Singapore are now held by women—up by 1.7% since 2015.
However, the number of female board chairmen fell by 1.6% to 5.4%.
Of the 1,626 companies studied in Asia, just 7.8% of board seats are occupied by women—well below the 14.6% in North America and 22.6% in Europe.
Malaysia came in first with 13.7% of board seats held by women, while India was second with 12.4%.
South Korea was the worst-performing, with just 2.5% of director seats held by women.
Overall, the report looked at the gender diversity of boards in 60 countries, and found that just 15% of boards worldwide are held by women.