EMPOWERING WOMEN – A ROADMAP TO A

SUSTAINABLE FUTURE

Mrs. Bola AdesolaManaging Director/CEO

Standard Chartered Bank, Nigeria

SECTION 1: Paradigm shift towards a diversified and inclusive workplace / society

SECTION 2: Nigeria – an on-going commitment

SECTION 3: Standard Chartered Bank – Here for good

CONTENTS

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CHANGING PARADIGM ON GENDER DIVERSITY

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Optimizing board effectiveness with gender diversity is increasingly becoming popular among top corporates.

Empowering women benefits future generations.

Investing in women makes business sense – workplace/entrepreneurs

Economic growth is positively correlated with gender equality.

Mirroring the market for expansion and the creation of new markets - Female to Male Ratio – 49.7%: 50.3%

A GLOBAL IMPERATIVE

93rd out of 135 countries in terms of women’s economic participation and opportunity

120th overall in terms of all sub-indices – 2011 Global Gender Gap Report by WEF Of the 190 companies listed on the NSE, 8.4% of EDs are females, 7% of Directors

are females. Most progressive is the banking industry: 41% of industry workforce; 15% on the

board; 27% on the senior mgt level and 41% on the other levels.

12.5% of the members on FTSE 100 boards are women (Lord Davies‘ Report 2011 “Women on Board”)

15.7% of members on Fortune 500 boards are women (Women in the Board Report by Deloitte Global Centre for Corporate Governance)

AN ON-GOING COMMITMENT

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GOVERNMENT AGENCIES... NGOS … PRIVATE SECTOR

Federal Ministry of Women Affairs and Social Development.

State Commissioners for Women Affairs.

Millennium Development Goal (MDGs) – Nigeria.

National Council of Women Society (NCWS).

Women Corporate Directors (WCD).

Women in Management and Business (WIMBIZ).

Sub-Committee on Women’s Economic Empowerment.

Public Private (Sector) Partnership (PPP)

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SUB-COMMITTEE ON WOMEN’S ECONOMIC EMPOWERMENT

CONTD… SUB-COMMITTEE ON WOMEN’S ECONOMIC EMPOWERMENT

Sub-Committee’s achievements…

Collated and presented findings of the industry wide gender diversity data.

Adoption by banks of a sample diversity policy framework to be adopted by all banks.

Facilitated the compulsory disclosure of workplace gender diversity in banks’ annual report.

WIP on Credit Guideline for SME Fund targeted at Women Owned Businesses.

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DIVERSITY AND INCLUSION @ SCB

Female Participant @ different levels

Across the Group

46% of the total bank’s employee

21% at senior management level

Female CEOs in 5 markets (Thailand, Lebanon, Brunei, Nigeria and Zambia)

Nigerian franchise (SCBN)

40% of the Bank’s employees36% at Board and Senior Management levels

35% at Middle Management level

43% at Lower Management level

INCREASING THE PRESENCE OF WOMEN IN LEADERSHIP ROLES

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Women in Leadership Program (WLP).

Global Mentoring Program (GMP).

Suite of flexible working arrangements.

Online Parenting Resource Centre for

women.

PROVIDING FEMALE ENTREPRENEURS WITH SIMPLE SOLUTIONS

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DIVA Club Account.

Orjon Business Installment Loan.

Bundled Business Installment Loan.

All Women’s Branches.

Business Resource Centre.

EXPANDING RELATIONSHIPS FOR FEMALE ENTREPRENEURS

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“Women Can and Do “awareness campaign.

Roundtable events targeted at women entrepreneurs.

“Support a Woman Entrepreneur Initiative”.

MAKING FEMALE ENTREPRENEURS FINANCIALLY SAVVY

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“The Clinton Global Initiative”.

Business Resource Centre.

Business Call to Action.

THANK YOU

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