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25 Women Leaders Graduate

25 Women Leaders Graduate
December 02
11:00 2017

 

the South Pacific Stock Exchange has made things easier for listed companies that want to hire women who can be part of their Board of Directors of hold senior management roles.

Yesterday, 25 professional women graduated from the Women in leadership programme that was organised by the South Pacific Stock Exchange and the Asian Development Bank’s (ADB) Pacific Private Sector Development Initiative (PSDI) to mentor them to be eligible for board memberships in listed companies.

The training was organised in a span of three sessions whereby each session were two-days long.

The first session was held in July followed by another one in September and November.

The programme provided training on topics such as governance, risk management and resilience, effective communication, constructing support systems, and managing the transition to leadership/directorship roles.

The key objective of the training was to address the gender gap on boards and in key management positions by improving skills and fostering the leadership potential of professional women and to get more women involved in key positions to capitalise on the valuable contributions they can make to productivity, organisational performance and economic growth.

“We up skilled them to make sure that they are able to use these skills to become part of the Boards,” said South Pacific Stock Exchange chief executive officer Krishika Narayan.

Out of a total of 106 board members in the listed companies, only 13 are women, according to Ms Narayan.

“There was a need to do something about this.

“Instead of imposing rules on listed companies to say that they need to have x number of females on board, we thought that SPSE should take the first step and conduct such trainings.

“So we now have a collated database of women who have the skills to get into these company boards,” she said.

As the year is coming to an end, Ms Narayan said the Stock Exchange plans to continue to host training programmes and partner with organisations that have women diversity in their agenda.

“The Stock Exchange will conduct other trainings on its own but it is definitely not going to stop here.

“It is the start of many more trainings to come,” she added.

The 25 women were nominated by listed companies at the beginning of the year.

PSDI is a technical assistance facility undertaken in partnership with the governments of Australia and New Zealand, and Asian Development Bank.

SPSE will now take the lead and maintain a database that will provide information on women candidates for leadership roles.

Feedback:  monica.aguilar@fijisun.com.fj

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