Women still ‘woefully underrepresented’ in Chile business, economics -Yellen

U.S. Treasury Secretary Janet Yellen on Friday lauded work by Chile’s central bank to boost gender diversity, but said women were still “woefully underrepresented” in senior management and in many economic sectors in the South American country.
Yellen, a trailblazer in the field of economics, met with Chilean central bank governor Rosanna Costa and over a dozen other top women leaders during her visit to Chile, and lauded the central bank’s work to boost diversity and inclusion.
The first woman to head the U.S. Treasury, Yellen has held similar meetings with women entrepreneurs and economists in South Korea, China, Zambia, Mexico and Vietnam, hailing the benefits of boosting women’s participation in the workforce.
Yellen, also the first woman to head the U.S. Federal Reserve, entered a large wood-paneled boardroom at the central bank to applause. Costa described Yellen as “a tremendous leaders and source of inspiration for women in our country and aboard” given her pioneering work in economics.