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Long characterized by the limited presence of women, especially during the past decade central banks have seen a rapid increase in female representation among their leaders, which has been thought to be making up for the past. But currently a new phase of stagnation seems to be emerging. This article focuses on this trend, explores the reasons for the slowdown, and suggests avenues for renewing the push toward greater female representation within central banks. These ideas are part of the broader discussion on the expanding mandates of central banks, now including social and societal responsibilities. To better understand the issues at stake in this development, we conducted interviews with three female central bankers who have held or currently hold leadership positions in institutions located in three different geographic regions.