As a top executive in the financial industry, Theresa Whitmarsh is accustomed to being the only woman in the room. That was the case the last two years when she attended the annual meeting of the World Economic Forumin Davos, Switzerland, a conclave for the world’s most powerful leaders and tycoons.And Ms. Whitmarsh may well be in a similar situation again this year. Women are severely underrepresented at Davos, an elite shoptalk gathering that has been played up as the best networking event of the year, where heads of state, central bankers, chief executives and billionaire investors meet to talk about foreign and economic policy, among many other things.

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