UAE LAUNCHES ’20 FOR 2020’ TO DRIVE GEN­DER BAL­ANCE AT BOARD LEVEL

ABU DHABI NA­TIONAL OIL COM­PANY TO SE­LECT FIRST TWO PAR­TIC­I­PANTS

CEO Middle East - - NEWS -

THE UAE HAS LAUNCHED ’20 FOR 2020’ AIMED AT DRIV­ING GEN­DER BAL­ANCE AT BOARD LEVEL.

Twenty women will have the op­por­tu­nity to take part in a year­long pro­fes­sional de­vel­op­ment course while they gain board-level ex­pe­ri­ence.

The pro­gramme is in line with the ob­jec­tives of the Dubai Women Es­tab­lish­ment to in­crease fe­male rep­re­sen­ta­tion on cor­po­rate boards to 20 per­cent within 2020.

The first part­ners of the ‘20 for 2020’ ini­tia­tive in­clude the Abu Dhabi Na­tional Oil Com­pany (ADNOC), who will se­lected the first two par­tic­i­pants. The re­main­ing 18 places on the pro­gramme will be re­served for fu­ture part­ners, who will make their own se­lec­tion.

Abu Dhabi Global Mar­ket, Dubai Fu­ture Foun­da­tion, Egon Zehn­der, Fide­lio Part­ners, INSEAD Cor­po­rate

Gov­er­nance Cen­tre, Hawkamah In­sti­tute for Cor­po­rate Gov­er­nance and Nas­daq Dubai were all named ‘Found­ing Knowl­edge Part­ners’.

Sheikha Shamma bint Sul­tan bin Khal­ifa Al Nahyan, co-founder of ‘20 For 2020’, said: “This ini­tia­tive is about cre­at­ing a path­way which en­ables in­clu­sive­ness and cre­ates op­por­tu­ni­ties.

“By plac­ing more women into board po­si­tions we’re en­rich­ing the per­spec­tive of board­rooms across the UAE, and thus cre­at­ing a work en­vi­ron­ment where busi­ness op­er­a­tions have an op­por­tu­nity to per­form op­ti­mally.

“By cham­pi­oning equal­ity and en­sur­ing bal­anced rep­re­sen­ta­tion on boards, we can cre­ate a cul­ture of di­ver­sity that is es­sen­tial in com­bat­ting group­think and driv­ing com­pet­i­tive­ness.”

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