Why the world needs more female central bankers

EUROPEAN Central Bank (ECB) president Christine Lagarde (pic), perhaps the world’s most well-known female central banker since Janet Yellen led the Federal Reserve, spoke candidly earlier this year about being surrounded by men her entire career. Diversity would produce better results, she said.

The central banking world got two new female leaders in the past couple of months who probably share Lagarde’s views. While the appointments are noteworthy, the focus must lie on what they can achieve rather than on their gender.