Bangladesh’s financial sector is witnessing a transformation as women make significant strides in banking employment.
A recent Bangladesh Bank report shows a 12.90 percent surge in female employment, outpacing the overall growth rate of 5.17 percent, reflecting increasing inclusivity and professional advancement.
Progress across all levels
The report reveals that women hold 18.87 percent of entry-level positions, 15.96 percent of mid-level roles, and 9.73 percent of senior managerial posts.
Additionally, female representation on bank boards of directors rose to 13.61 percent in 2024 from 13.51 percent in 2023, indicating a gradual shift toward gender diversity in leadership.
Private banks lead the way
Private sector banks are at the forefront of this change. In 2024, the number of female employees rose from 33,346 to 37,649, marking a 12.90 percent year-over-year increase.
Concurrently, the total banking workforce expanded from 2,03,696 to 2,14,245. Women now comprise 17.6 percent of the sector’s workforce, reflecting broader societal changes and increased gender inclusivity.
Supportive environment fuels growth
Industry experts attribute this progress to a supportive work environment, competitive salaries, and benefits like maternity leave and career growth opportunities. These factors have been crucial in attracting and retaining female talent.
Challenges and the road ahead
Despite this progress, women in banking still face challenges like balancing work and personal life, limited senior leadership representation, and societal expectations. Nevertheless, their growing presence underscores a commitment to professional excellence.
Towards an inclusive future
The increasing participation of women in banking signals a more inclusive and dynamic financial sector. With sustained policy support and organizational commitment, the industry is on track to break traditional barriers and nurture a truly diverse workforce.
Courtesy: UNB
Bd-pratidin English/FNC