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In the Belgian financial sector, there are still more than 80% bosses

Women make up the majority of the workforce in banks and insurance companies and parity has almost been achieved by the sector among middle managers. Beyond that, the glass ceiling persists.


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Deputy Head of the Economy Department

By Amandine Cloot

Published on 8/11/2024 at 06:00
Reading time: 2 min


MI’m a banker or my insurer. In the collective imagination, the one who manages your finances is a man. An image maintained in 2024: the CEOs in the sector, those who lead the teams – Belgian finance has around 80,000 employees – and appear in the media, are in the vast majority gentlemen in suits.

However, according to the latest report from Wo.men in Finance, a sectoral initiative to encourage internal gender diversity, which brings together 63 members (90% of the sector in number of employees), a majority of people employed in banks and insurance companies are… women (52.9%).

Problem: this proportion erodes significantly as you move up the corporate ladder. No doubt, the glass ceiling – even if since the start of the measures and initiatives taken in this area five years ago, it has cracked slightly – is still a reality.



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