Gender equality in corporate leadership: Latin America 2024

This Market Monitor reviews 734 Latin American companies and groups them by primary listing venue in 10 markets. It provides exchanges, regulators and policy makers with the state of gender equality in the leadership positions of companies listed on their markets. 

Key highlights include:

• On average, women hold 16% of board seats, 6% of board chair positions, 9% of CEO and 12% of CFO positions across the region.
• BVC (Colombia), leads the region with 20% of board seats held by women. Latinex (Panama) and Bolsa de Valores de El Salvador follow closely with 19% and 18% of board seats held by women, respectively. 
• Bolsa de Valores de El Salvador and B3 (Brazil) have the highest percentage of corporate boards chaired by women at 9%. This is followed by Bolsa Electronica de Valores del Uruguay and Latinex, both with 8%. 
• All-male boards persist as a significant proportion in most markets in the region, with all 10 markets having more than 20% all-male boards and 5 markets having more than 40% all-male boards. 
• Only one market in Latin America (Panama) has a mandatory minimum rule for women on boards, where 30% of board seats are to be filled by women.