4 DECEMBER2025Editor's NoteWomen's Rise in Independent DirectorshipRepresentation is crucial, especially for business. Not only is it the ethically right thing to do, but is also a business imperative. McKinsey's report, "Women in the Workplace," emphasizes the enormous financial benefits of gender diversity in business. According to the report, companies with considerable female participation in senior positions can generate up to 50% greater earnings and share performance. As a consequence, various countries are actively working towards policy change that mandates companies to onboard female board-members. In India the Companies Act 2013 mandates that every listed company must have at least one woman serving as an independent director. This move has prompted a positive shift in women's representation in company boards. From six percent representation in 2014, the number jumped to 18 percent in 2022. Women's representation is independent directorship roles is higher than over all director roles. Data from primeinfobase.com showcases that women make up 24.7% of all independent directors as compared to 19.7 percent of overall directorship roles. Despite affirmative action being taken, women's representation still remains low and a lot needs to be done to improve representation to reach true gender equity,In the current edition of Women Entrepreneurs Review magazine, we spotlight some of India's top Independent Directors in insurance. In this edition meet Chhaya Palrecha. Gaining momentum through a career spanning nearly three decades in finance and governance, Chhaya has built a reputation for steering organizations through growth and transformation. Serving as an Independent Director at Universal Sompo General Insurance Co, she brings justice to every role that she undertakes. Chairing the audit committee, she leverages her deep expertise in compliance, MIS, and financial strategy.We also spotlight Usha Sangwan, Independent Director at LIC. She is a veteran in the insurance sector and was the first female to be appointed as Managing Director for LIC.Read more about these women leaders and know more about their professional lives.Your thoughts are welcome. Rachita SharmaManaging Editor rachita@womenentrepreneursreview.comVOL 4 · ISSUE 4 - 12 - DECEMBER, 2025Office Editorial Queries editor@womenentrepreneursreview.comAdvertising Queriessales@womenentrepreneursreview.comBangaloreTel 080 46441103 To subscribeVisit www.womenentrepreneursreview.com/subscribe or send email to: subscription@womenentrepreneursreview.comMagazine Price is Rs 150 per issue GM Sales & MarketingAshu Sethi Gini AnandKavin DaveMagendran PerumalCirculation ManagerEditorial TeamViswanathan ALakshmi Prabha SAyushi DuttaAadharshana RamSupraja MohantyPriyanka VyasSiliconmedia Technologies Pvt. Ltd.No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Madushmita SahooSuanya ChkrabortyGirisha MSenior DesignerDesigners PublisherManaging EditorAlok ChaturvediRachita SharmaPrinted and Published by Alok Chaturvedi on Behalf of Silicon Media Technologies Pvt. Ltd. and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore 560008 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2025 Silicon Media Technologies Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Senior CorrespondentCharulatha M
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