Asia is falling far behind its regional peers in terms of female boardroom representation, analysis from MSCI and BofA Securities showed. An average of 20% of Asia's boardrooms are made up of women, according to research by BofA Securities – that's merely a 7% improvement from 12 years ago. Female boardroom representation remains a key metric to track the global progress on gender equality. However, the gap in wage, employment, and boardroom representation between men and women remains large. "The proportion of companies reporting employee diversity is 67% but only 35% of those employees are females," they said.

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