Females make up 5.5% of Chair, 5.9% of CEOs/MDs, and 2.7% of CFOs & COOs each on Egypt’s listed boards. There has been an increase in the number of Chairs, CEOs/MDs and CFOs by 1.6%, 2% and 0.6% respectively from 2020; however, there has been a decrease in the number of COOs by 6% from 2020.
Among the 18 sectors represented on Egypt’s Stock Exchange, 13 of them have at least 1 company with a board composition of 30% or more female directors. The education services sector is the best performing sector in terms of percentage of females who make up board directors, with 2 out of 5 companies having more than 30% female directors. However, in terms of aggregate value, the non-banking financial services sector has the highest number of female board directors in Egypt with a total of 37 female directors.
