Friday 13th March 2009
The world celebrates women and their incredible accomplishments this month with International Women’s Day on March 8. Let me be the first of many to congratulate all of our GBA for Women members on your efforts to promote, support and develop women business leaders. There is much written these days about whether we would be in this economic upheaval if more women were in positions of power and influence. Further on in the newsletter there are a few articles of this topic you will find of interest.
The first week in February I was joined by members of the Governing Board at our annual strategy meeting held in Washington, D.C., hosted by our premier sponsor, IFC of the World Bank Group. It was my first trip to the U. S., and while the temperatures were quite frigid — I even saw my first snow fall — our discussions over two days provided a lot of energy as we look ahead to building an even better organization for you.
Specifically, we are undertaking some ambitious plans to improve our services over the next 3 to 4 months.
Creating a Community
Content and Context
Collaboration and Connections
As you can see we are excited about women and their role in creating the future economic development and our partnership with them through all of our efforts.
Larke Riemer Head of Women’s Markets
Dr. Muhammad Yunnis, Nobel Peace Prize Winner and founder of Grameen Bank has pioneered microcredit for millions of women worldwide to lift their families out of poverty. His new book, “Creating a World Without Poverty” is currently in release. Following, below, are pictures of Dr. Yunnis and members of the GBA Board taken on February 4 at the IMF where Dr. Yunnis was a featured speaker.
by Teri Cavanagh
International Women’s Day is a global day celebrating the economic, political and social achievements of women past, present and future. The first IWD was held in 1911. This year there are 879 IWD events in 57 countries. In some countries like, China, Russia, Vietnam and Bulgaria, IWD is a national holiday.
Following are some current articles featuring women’s role in shaping the new world order during these particularly challenging times that will be of interest to you. While there is more work to be done, let’s also celebrate the work we have already done as women working together.
In Banking Crisis, Guys Get the Blame More Women Needed In Top Jobs, Critics Say
By Kevin Sullivan and Mary Jordan
Washington Post Foreign Service
LONDON, Feb. 10 — Fred, Tom, Andy, Dennis, Eric, John, Stephen, Antonio and Paul ran British banks that lost billions of dollars.
So they have been called in for a grilling by Nick, Graham, Colin, Jim, Stephen, Michael, Andrew, George, Mark, Peter, three Johns — and a single, solitary Sally. Read the full article, online here.
Why women managers shine in a downturn
By Michel Ferrary | FinancialTimes.com
Published: March 2 2009
Global stock markets have been collapsing since the beginning of 2008. Analysts and economists are now looking for companies that are resisting the crash.
Mistresses of the Universe
By Nicholas D. Kristof
Published: February 7, 2009
Banks around the world desperately want bailouts of billions of dollars, but they also have another need they’re unaware of: women, women and women.
At the recent World Economic Forum in Davos, Switzerland, some of the most interesting discussions revolved around whether we would be in the same mess today if Lehman Brothers had been Lehman Sisters. The consensus (and this is among the dead white men who parade annually at Davos) is that the optimal bank would have been Lehman Brothers and Sisters.
New dates just announced – Mark your Calendars!
GBA SUMMIT 2009
Host: Standard Chartered
New! Dates: October 28th – October 30th, 2009
More details will be sent as the date approaches.