Canada’s banks can and should make a big difference in getting more women on corporate boards, executives said during a panel discussion at the Ontario Securities Commission on Tuesday.
“We need the banks and the bank CEOs, who are way out ahead on this,” said Alex Johnston, executive director of Catalyst Canada. She said company leaders must be convinced to view targets for female representation like any other business goal setting, rather than as a kind of quota.
Victor Dodig, chief executive of Canadian Imperial Bank of Commerce, was on the panel and rose to the challenge, pledging to include gender targets in the bank’s next governance report to regulators.
Barbara Shecter -Financial Post – September 29, 2015.