CBN, Women in Business advocate for more women in Financial sector

The CBN and Women in Management, Business, and Public Service (WimBiz) have jointly emphasized the need for greater female participation in leadership roles within the country's financial sectors.
Photo from the 15th Annual Lecture
Photo from the 15th Annual Lecturevanguardngr
Published on

This plea was made during a workshop titled 'Advancing Women as Leaders in Nigeria's Finance Industry,' which took place in Abuja on Friday. The event was organized by WimBiz as part of a community initiative to promote women's financial inclusion, led by the CBN in collaboration with the Women's World Banking organization.

Mrs. Hansatu Adegbite, the Executive Director of WimBiz, addressed the audience and highlighted the achievements witnessed in the banking sector through the presence of women in leadership positions. She stressed the importance of replicating these successes across other financial sectors in Nigeria's economy to enhance national development.

Adegbite said, “Our main target is to ensure that every organisation in the financial industry has at least 35 percent representation of women in leadership positions. 

“What I have seen is that people have been enlightened and they have seen the possibility of collective engagement and ideas to achieve this target,” she added.

On her part, the Group Head, Strategic Initiatives Management, Strategy Management Department of CBN, Ms Bisi Toro-Popoola, noted that many Nigerians can see that when it comes to the banking sector, Nigeria has made progress in terms of more women in leadership positions and that it is because the CBN is ensuring the implementation of the policy.

“But when you look at other regulatory bodies like in the Insurance, Pension and others, they do not have that same kind of policy. So, it is important for us to consider putting that in policies by various regulators and it grows,” Toro-Popoola said.

logo
Latest Lagos Local News - Lagoslocalnews.com
www.lagoslocalnews.com