Championing Gender Diversity in Insolvency and Restructuring

There is an industry saying that there are more liquidators with the middle name 'John' than there are women. Whilst it may be banal, the statement has some truth and insolvency practitioners have lagged behind in female representation despite recent efforts to address it. This is about to change, and KPMG is proud to be a driving force.

Recent statistics from the Australian Securities and Investments Commission (ASIC) revealed that women make up only 10 percent of registered liquidators in Australia, with just 65 out of 642 practitioners being female. This is a stark contrast to the 40 percent female representation on ASX company boards, which highlights a necessary shift in the insolvency industry. To address this gender imbalance, KPMG Australia's Turnaround and Restructuring Services stepped up to become one of the firs...

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Authors: Gayle Dickerson, Amanda Coneyworth

Published Date: 30 January 2025