Efforts by CDL, DBS to boost gender diversity paying off

(From left) City Developments head of property development Lee Mei Ling, chief sustainability officer Esther An, group chief financial officer Yiong Yim Ming, group chief executive officer Sherman Kwek and CEO for commercial Yvonne Ong. The company has be
(From left) City Developments head of property development Lee Mei Ling, chief sustainability officer Esther An, group chief financial officer Yiong Yim Ming, group chief executive officer Sherman Kwek and CEO for commercial Yvonne Ong. The company has been on the Bloomberg Gender-Equality Index for two years running.PHOTO: CITY DEVELOPMENTS LIMITED

In City Developments Limited (CDL), women form 70 per cent of the workforce.

They are making their presence felt on the corporate floor as well, with females making up 30 per cent of the board, surpassing the Council for Board Diversity's recommended target of 20 per cent for listed companies by 2020.

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A version of this article appeared in the print edition of The Straits Times on February 11, 2019, with the headline 'Efforts by CDL, DBS paying off'. Print Edition | Subscribe