Gender Balance Index ranks the CBCG 12th among 185 central banks globally
25/04/2025
During the second day of the IMF/World Bank Spring Meetings in Washington, CBCG Governor Irena Radović met with the European Central Bank (ECB) President Christine Lagarde. They discussed central banks’ role in overcoming economic challenges and maintaining the financial system’s stability. They focused on strengthening cooperation as the CBCG prepares for future membership in the European System of Central Banks (ESCB) by aligning with ESCB standards and best practices.
At the invitation of the World Bank, Governor Radović attended the Women Lead initiative meeting, which gathered female leaders from the finance and public policy sectors. The meeting was an opportunity to share experiences and ideas about empowering women in leadership positions, underscoring that inclusive leadership fosters stronger economic development.
The Governor was also a panellist at the round table titled Representation and power: driving gender balance in leadership, organised by OMFIF. The event presented the main findings of the Gender Balance Index 2025, a report measuring the representation of women in leadership positions in more than 300 financial institutions worldwide, including 185 central banks. The CBCG’s high ranking of 12th among central banks reflects its progress in achieving gender balance.
In her speech, Governor Radović emphasised that increasing the representation of women in leadership positions is not only a matter of equality but also essential for inclusive and sustainable development. She shared that the CBCG’s initiatives aimed at enhancing financial education and supporting access to financial services contribute to creating a more inclusive and accessible financial environment. She also noted that political will, institutional consistency and the support of the whole society are necessary to accelerate this process.
On the sidelines of the Spring Meetings, Governor Radović also met with the Danmarks Nationalbank Governor, Signe Krogstrup, and the Vice-Governors of the Sveriges Riksbank, Anna Seim, and the Bank of Finland, Marjo Nykänen. Their discussions focused on key aspects and challenges in preparing the CBCG for future membership in the ESCB, including further strengthening of the CBCG and its organisational and functional transformation required for full compliance with the ESCB standards.