Closing the Gender Leadership Gap : CRDB - Investing In Women To Increase Competitiveness
There is a strong business case for attracting and retaining more women in the financial sector from the board to the workforce. Women contribute to enhanced profitability, innovation, and risk management. Over the course of two decades, numerous studies have been undertaken by investors, corporate...
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| Format: | Brief |
| Language: | English |
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Washington, DC
2022
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| Online Access: | http://hdl.handle.net/10986/37855 |
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okr-10986-378552022-08-10T05:10:56Z Closing the Gender Leadership Gap : CRDB - Investing In Women To Increase Competitiveness International Finance Corporation WOMENS EMPOWERMENT ACCESS TO LABOR MARKETS FINANCIAL SECTOR WORKFORCE WOMEN IN MANAGEMENT WOMEN AND LEADERSHIP BOARD DIVERSITY INVESTING IN WOMEN AND GIRLS EDUCATION OF WOMEN There is a strong business case for attracting and retaining more women in the financial sector from the board to the workforce. Women contribute to enhanced profitability, innovation, and risk management. Over the course of two decades, numerous studies have been undertaken by investors, corporate governance organizations, consultants, and financial institutions all over the world, which have found “a positive association between board diversity and company performance, investor protection, and/or enhanced decision making” (Zecca 2021). In April 2019, CRDB, a longstanding IFC investment and advisory client, joined the IFC-led Finance2Equal initiative. The program aims to increase women’s participation in the financial sector as leaders, employees, customers, and entrepreneurs, by expanding women’s access to financial services and strengthening career opportunities. Under the initiative, IFC and CRDB co-sponsored a training program to help the bank reduce its gender gap in leadership by preparing women for senior positions. The objective of the training was to enhance CRDB’s pipeline of future women leaders. This training was designed to encourage more women to apply for senior roles at CRDB, and in Tanzania’s financial sector, as a whole (IFC 2020). 2022-08-09T17:58:24Z 2022-08-09T17:58:24Z 2022-03 Brief http://hdl.handle.net/10986/37855 en CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo International Finance Corporation Washington, DC Knowledge Notes :: Miscellaneous Knowledge Notes Tanzania |
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Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
WOMENS EMPOWERMENT ACCESS TO LABOR MARKETS FINANCIAL SECTOR WORKFORCE WOMEN IN MANAGEMENT WOMEN AND LEADERSHIP BOARD DIVERSITY INVESTING IN WOMEN AND GIRLS EDUCATION OF WOMEN |
| spellingShingle |
WOMENS EMPOWERMENT ACCESS TO LABOR MARKETS FINANCIAL SECTOR WORKFORCE WOMEN IN MANAGEMENT WOMEN AND LEADERSHIP BOARD DIVERSITY INVESTING IN WOMEN AND GIRLS EDUCATION OF WOMEN International Finance Corporation Closing the Gender Leadership Gap : CRDB - Investing In Women To Increase Competitiveness |
| geographic_facet |
Tanzania |
| description |
There is a strong business case for attracting and retaining more women in the financial sector from the board to the workforce. Women contribute to enhanced profitability, innovation, and risk management. Over the course of two decades, numerous studies have been undertaken by investors, corporate governance organizations, consultants, and financial institutions all over the world, which have found “a positive association between board diversity and company performance, investor protection, and/or enhanced decision making” (Zecca 2021). In April 2019, CRDB, a longstanding IFC investment and advisory client, joined the IFC-led Finance2Equal initiative. The program aims to increase women’s participation in the financial sector as leaders, employees, customers, and entrepreneurs, by expanding women’s access to financial services and strengthening career opportunities. Under the initiative, IFC and CRDB co-sponsored a training program to help the bank reduce its gender gap in leadership by preparing women for senior positions. The objective of the training was to enhance CRDB’s pipeline of future women leaders. This training was designed to encourage more women to apply for senior roles at CRDB, and in Tanzania’s financial sector, as a whole (IFC 2020). |
| format |
Brief |
| author |
International Finance Corporation |
| author_facet |
International Finance Corporation |
| author_sort |
International Finance Corporation |
| title |
Closing the Gender Leadership Gap : CRDB - Investing In Women To Increase Competitiveness |
| title_short |
Closing the Gender Leadership Gap : CRDB - Investing In Women To Increase Competitiveness |
| title_full |
Closing the Gender Leadership Gap : CRDB - Investing In Women To Increase Competitiveness |
| title_fullStr |
Closing the Gender Leadership Gap : CRDB - Investing In Women To Increase Competitiveness |
| title_full_unstemmed |
Closing the Gender Leadership Gap : CRDB - Investing In Women To Increase Competitiveness |
| title_sort |
closing the gender leadership gap : crdb - investing in women to increase competitiveness |
| publisher |
Washington, DC |
| publishDate |
2022 |
| url |
http://hdl.handle.net/10986/37855 |
| _version_ |
1764488000438272000 |