The changing profile of the CHRO
Increase in the number of female CHROs, but India-HQ companies still lag behind
Today, 39% of CHRO roles are held by women, compared with 31% in 2020. This increase has been largely driven by
an increase in the number of digital native organizations that have scaled and brought on women as CHROs. By
contrast, India-HQ companies, which largely comprise manufacturing-focused conglomerates, continue to have
remarkably few women in the role at just 18%.
Senior executives at these organizations tell us the reason for this low representation is that manufacturing
companies dominate and the availability of CHRO-ready female talent in this sector is low. However, we see many
female HR leaders in other organizations with backgrounds in consumer and industrial sectors who bring
manufacturing and industrial relations experience. It is our view that India-HQ organizations need to invest in
identifying and developing their female HR talent in a focused manner to create a stronger pipeline for future
CHRO roles.
Female CHROs by respective Category and Industry
Average age of CHROs varies slightly by category
CHROs in India continue to represent a diverse age group, with a current average age of 48 years. This is a
significantly lower average age compared with their global counterparts and reflects the younger demographic
profile of our working population. Interestingly, as in 2020, CHROs at digital native organizations progress
significantly faster in their careers than they do at MNCs and Indian companies (see chart).
This is likely because digital native organizations are more willing to bet on younger, high potential HR leaders
and tend to prefer first-time CHROs who are willing to roll up their sleeves. The overall difference in average
age between male and female CHROs is largely down to the older cohort of CHROs in Indian companies.
46
Average age of female CHROs
50
Average age of male CHROs
most common CHRO Age ranges
|
Female |
Male |
Digital natives |
41–45 |
MNC |
51–55 |
Indian |
51–55 |
56–60 |
Significant increase in hiring external CHROs
We have seen a more than 50% rise in external hiring for the CHRO role since 2020, a trend that mirrors the
increase in the number of CEOs being hired externally. In the case of CHROs, this is perhaps driven by the rapid
advance of digital native organizations and a demand for HR professionals who bring experience in driving
profitable growth, handling scale and complexity, and dealing with disruptions, whether related to technology or
business models. The growing number of companies filing for IPOs has also resulted in a demand for external HR
leaders with the experience of preparing companies for listing.
Internal vs. external hiring
Proportion of CHROs hired externally
Diversity of experience still critical in the CHRO journey to the top
CHROs bring significant cross-industry exposure
Multi-industry experience continues to be a key contributor to the development of CHROs. An impressive 92% of
CHROs today have experience in two or more industries and 66% of them bring experience across three or more
industries. This trend has gained momentum as the cross-industry pollination of ideas increases. It is
especially prominent in the digital native space as well as among companies with backward or forward
integrations strategies and those exploring newer routes to market.
Cross-industry expertise
Very few CHROs bring non-HR experiences
Our conversations with CEOs and boards reveal a continuing desire for their CHROs to bring or develop a deep
understanding of the organization’s core business and consumers — potentially through short rotations
through different functional or business roles. While only 20% of the current set of CHROs bring non-HR
leadership experience, next-generation HR leaders are increasingly being given greater exposure to core
operations (e.g., shop floor, retail outlets, tech services delivery and markets visits) through their
onboarding and ongoing learning & development initiatives.
Mix of HR business partner and centre of excellence experience is highly valued for the CHRO role
While most CHROs grow by serving in generalist and business partners roles, a significant number have held
specialized roles in talent management at some point during their careers. This reflects the growing importance
of talent acquisition, development and retention in the corporate arena.
Sub-functional expertise
Less than 20% of CHROs have international experience
Increased globalization, together with the multi-country expansion ambitions of many organizations, make
international experience valuable as part of the career development of a CHRO. However, our analysis indicates
that only about 19% of CHROs have worked and lived outside India at some point in their careers. While this
proportion has not changed since 2020, we do see an increase in international experience among CHROs in the
consumer and industrial sectors.
Consumer & tech companies continue to be prominent HR training academies
Diverse industries and organizations are seen as training grounds (and consequently hiring targets) for
high-quality CHROs. Our data shows that consumer and technology sectors continue to be ahead of the game, with
companies such as Unilever, ITC, Tata Motors, Wipro, and GSK leading the pack in shaping and producing future HR
leaders through well-curated rotational programs across geographies and functions.
40% of CHROs come from academy HR institutions
In 2024, 89% of CHROs hold post-graduate degrees, marking a slight decrease from 91% in 2020. About 40% of them
have received education from HR academies such as XLRI, TISS, Symbiosis, and IITs. However, only 7% of CHROs
come with international educational degrees.
CHROs have the opportunity to become trusted partners to the board
Despite the growing strategic importance of the HR function, only 4% of the existing set of 350 CHROs that we
analyzed serve on an external board in 2024, compared with 9% in 2020. Given the importance of the people agenda
in the boardroom and the increasingly critical nature of the CHRO role, we feel that there is a significant
opportunity for CHROs to become confidants and trusted partners to their CEOs and boards and earn the right to
be part of the boardroom.
CHROs in the boardroom