Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 57 minutes ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
Leading G7 investors come together in support of diversity initiative
June 08, 2018
 Print    Send to Friend

Dubai: A group of leading global institutional investors, in collaboration with the Government of Canada, have announced a landmark project to advance key G7 objectives. As part of three global development initiatives, CFA Institute, and its global network of societies, has been selected to create more opportunities in finance and investment management by establishing an internship programme focused on university women studying in select developing markets.

The institutional investors who have pledged to commit resources, expertise and networks to further the G7’s diversity initiative are: AIMCo, Allianz, Aviva, CalPERS, CDPQ, Canada Pension Plan Investment Board (CPPIB), Natixis Investment Managers, OMERS, Ontario Teachers’, OPTrust and PGGM.

Speaking about its selection to create opportunities for women in finance, CFA Institute CEO and president, Paul Smith, CFA, said: “CFA Institute is deeply honored to have been chosen by this influential group of institutional investors to help address one of the world’s – and the industry’s – most intractable challenges: eliminating gender inequality. When we think about what finance is for – its important role in eradicating poverty, closing the infrastructure funding gap and fostering conditions in which opportunities abound for everyone – then this initiative represents an outstanding example of our ability as an industry to effect meaningful change.”

CFA Institute chair-elect, Heather Brilliant, CFA, said “The selection of CFA Institute to help create greater opportunities for women in finance is an endorsement of the gender diversity work we do, pioneered by CFA Societies in Canada, and the programs we have instituted in countries like India. It also recognizes the benefits that can be gained by leveraging our global society network and our presence in emerging and frontier markets”.

Opening doors: increasing career opportunities in finance for women worldwide

Despite progress, women remain underrepresented in senior corporate management everywhere. Institutional investors and asset managers face challenges in this respect, and the relatively low number of women who choose careers in finance and investment management is often mentioned as a significant contributing factor. CFA Institute has been a leading voice on gender inequality in the industry and sponsors research, hosts conferences and events, and convenes industry meetings to spotlight the issue.

The announcement marks the launch of a two-pronged initiative to increase career opportunities in finance for women worldwide by: Committing to develop and implement diversity policies inspired from global best practices, including the 2016 IFC report SheWorks: Putting Gender-Smart Commitments into Practice; and

establishing and supporting a partnership with CFA Institute and its global network of societies to set up an internship programme, focusing on encouraging university women studying in developing markets to learn about, prepare for, and gain experience in the investment industry.

The CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organisation is a champion of ethical behaviour in investment markets and a respected source of knowledge in the global financial community.

Our aim is to create an environment where investors’ interests come first, markets function at their best, and economies grow.

Add this page to your favorite Social Bookmarking websites
Comments
 
Post a comment
 
Name:
Country:
City:
Email:
Comment:
 
    
    
Related Stories
HUECK ME unveils new office set-up in Dubai
Dubai: HUECK Middle East (ME) Aluminium Systems, one of the leading and trusted aluminium solutions systems provider, has announced its new office set-up in Dubai as it c..
Zoho releases self-service business analytics platform
DUBAI: Zoho announced the release of Zoho Analytics, its most advanced self-service business intelligence and analytics platform yet. The new release unleashes the power ..
IHAF to boost global Halal market
DUBAI: The International Halal Accreditation Forum (IHAF) has signed a Memorandum of Understanding (MoU) with the International Accreditation Forum (IAF) and Internationa..
RCW offers guest rooms for sale assuring 40% revenue share
Dubai: Rove City Walk (RCW), a contemporary hotel operated by the award-winning Rove Hotels, has launched the sale of its guest rooms, promising investors the opportunity..
UIC develops AI-empowered insurance system
Dubai: Union Insurance Company (UIC), a leading provider of customer-focused insurance products to individuals and corporations in the Middle East, has developed an artif..
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright