When Citigroup’s chief executive Jane Fraser pulled out of a forum of global financial leaders in Hong Kong, it left the marquee event with virtually no female speakers. More than that, it once again highlighted how still very few companies are run by women.

Fraser was supposed to be one of only three female panellists at the Global Financial Leaders’ Investment Summit heralding the reopening of Hong Kong after almost three years of stringent COVID-19 quarantines and tightening political oversight from Beijing. Amundi chief executive Valerie Baudson was another, but she also dropped out.

Bloomberg Opinion