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Family Aid 2020
   Vol. 22 No. 9
Wednesday March 8, 2023

Banker's Miserable Numbers

Kam Shing Kwang

  This is Kam Shing Kwang, Chief Executive Officer, Asia Private Bank, Vice Chair, Greater China Investment Banking, at J.P. Morgan.
  This Month and its International Women’s Day March 8, which is focusing on woman is a good time to advance some thoughts and issue a wake-up call that, “Women are hugely under-represented in high-growth businesses, including start-ups across Asia-Pacific,” according to a recent J.P. Morgan survey.
  The J.P. Morgan study found that companies led by female executives outperformed when it comes to fundraising.
  “Just 848, or 5.7 per cent, of 15,000 private businesses surveyed in sectors such as technology, consumer and healthcare were founded, led or managed by women at the end of 2021,” the study said.
  “This is a miserable number, the low single digit number surprises us,” Ms. Kam Shing Kwang said.
  Stay tuned, this is word up chasing change from a J.P. Morgan vice-chairman of investment banking for Greater China.

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