An initiative of the World Bank Group Gender Action Plan

Transcription

1 An initiative of the Worl Bank Group Gener Action Plan Promoting Women s Economic Empowerment

2 Gener equality in business is smart economics. Enlightene private sector companies recognize that. Gener an women s empowerment are also at the core of what we nee to o in evelopment. It is not just a women s issue. Improve economic opportunities for women lea to better outcomes for families, societies an countries. Robert B. Zoellick Presient The Worl Bank Group

3 The Global Private Sector Leaers Forum is a group of influential businesspeople an companies committe to promoting women s economic empowerment. These leaers unerstan the importance of women s contributions to business profitability an to the communities in which they operate. They are creating economic opportunities for women as an integral part of core business, community engagement an corporate iversity an inclusion. As ambassaors for the Worl Bank Group Gener Action Plan, Forum members are working together an with the Bank to share best practices an lessons learne. They are proviing research an project-base evience to support the business case for increasing women s opportunities in the private sector. Forum members are exploring new ieas an partnerships that challenge traitional paraigms. Leaing by example, their work can serve as inspiration for all. 1

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5 Lloy Blankfein unerstans the potential of women entrepreneurs to support long-term economic growth in eveloping countries. This is why Golman Sachs, a bank holing company an leaing global investment banking, securities an investment management firm, has steppe up to invest in women. In 2008, the company unveile 10,000 Women, a $100 million global philanthropic initiative over five years to provie unerserve women with a business an management eucation. 10,000 Women was launche in partnership with over 30 leaing acaemic institutions an nonprofit organizations. The program will help open oors for thousans of women whose financial an practical circumstances woul prevent them from receiving a traitional business eucation. Future generations of entrepreneurs an managers will benefit as well, thanks to faculty training an the evelopment of locally-relevant case stuies, innovative curricula an interactive knowlege-sharing platforms. Golman Sachs is also committing its most valuable asset the time an talent of its people to exten the benefits an impact of 10,000 Women well beyon the classroom. Employees are acting as online an in-person mentors, while also elivering guest lectures an other volunteer assistance. Mr. Blankfein is active in several nonprofit initiatives, incluing being a boar member for Catalyst, a nonprofit organization that works globally to expan opportunities for women. In 2008, he receive the Active Citizen Awar from Women for Women International for his role in 10,000 Women. Lloy Blankfein Chairman an Chief Executive Officer The Golman Sachs Group, Inc. Investing in women s business eucation for exponential long-term gain 3

6 Access to high-skill engineering an technical positions has pose a special challenge to women in the global workforce. Henryka Bochniarz an The Boeing Company are leaing the way to create a more inclusive environment that can benefit women, men an the company s bottom line. Henryka Bochniarz Vice Presient Boeing International an Presient Boeing Central an Eastern Europe Overcoming barriers in a traitionally male-oriente inustry Boeing is the worl s leaing aerospace company an the largest manufacturer of commercial jetliners an military aircraft combine. Recognizing strength in iversity, the company establishe a Global Diversity an Employee Rights organization to help attract, evelop an sustain a highly skille an motivate workforce. Programs inclue an annual awar for team initiatives that have emonstrate the business value of being more inclusive. To support the careers of female employees, Boeing has establishe processes of networking, mentoring, eucation an recognition. Boeing Women in Leaership groups provie avenues for personal an professional evelopment. Eucational initiatives inclue the Boeing Women s Integral Leaership Circle, an intensive an transformative learning program. Women also now comprise more than 65 percent of mentees in the company s formal executive mentoring program. Ms. Bochniarz has won numerous awars, incluing from the 2005 International Women s Forum. She is a former minister of inustry an trae of Polan an a leaer in many business organizations. Ms. Bochniarz also co-authore the book Be Yourself an Win Ten Hints for An Active Woman. 4

7 Cultural iversity is at the heart of INSEAD s mission an a key competitive avantage for this worl-renowne business school. But in recent years Dean Frank Brown an the INSEAD team conclue that a clear economic case for increasing women s representation in business require new action. The school s far-reaching Gener Diversity Initiative, launche in 2008, coorinates an buils on many existing activities across all programs an epartments. Through new research about Frank J. Brown Dean INSEAD women an business leaership, case stuy evelopment, teaching an alumnae outreach, INSEAD seeks not only to make a ifference at the school but to make an impact on business itself. INSEAD also sees a strong connection between eucation an the potential for greater goo through social entrepreneurship. Women are very active as social entrepreneurs, fining market-riven an often scalable solutions to many economic challenges in eveloping countries. Moreover, women s economic activities an businesses are often beneficiaries of these social ventures. INSEAD s Social Entrepreneurship Program, therefore, maintains a special focus on women, helping them challenge assumptions about their potential to be full partners in a nation s economic growth. Researching an innovating in women s leaership an entrepreneurship Prior to joining INSEAD, Mr. Brown ha a istinguishe, 26-year career at PricewaterhouseCoopers. He is a boar member for Brigepoint Capital Lt, the European Acaemy of Business in Society, an the European Executive Council. 5

8 John T. Chambers Chairman an Chief Executive Officer Cisco Systems, Inc. Fining culturally appropriate ways to train more women in IT John Chambers is celebrate for his leaership style an the tremenous growth of Cisco, an inustry leaer in Internet protocol-base networking technologies. He is also celebrate for his active involvement in Cisco s philanthropic programs. The company s eucational focus inclues efforts to increase the number of women in science, technology an communications. This helps women irectly but also wiens the talent pool an the potential for market-relate innovation. Cisco s Networking Acaemy, a global eucational initiative, teaches IT skills to more than half a million stuents each year. The Acaemy is partnering with UNIFEM an other agencies to help women complete its training programs an fin relate employment with a goal of at least 30 percent female enrollment in eveloping countries. Specific, culturally appropriate programs an even all-women acaemies are helping the partners reach an surpass this goal in many countries. Cisco also partners with national an international organizations to encourage girls an young women to evelop skills in math, computing an technology from an early age. This effort now inclues training for young women as part of the Worl Bank Group s Aolescent Girls Initiative. Mr. Chambers recently receive the first-ever Clinton Global Citizen Awar from former US Presient Bill Clinton. He is also a recipient of the US State Department s top corporate social responsibility awar, among other honors. 6

9 Norfun is a evelopment finance institution that invests in profitable private enterprises in most countries of Africa, Asia, Latin America an the Balkans. As Chair, Kristin Clemet benefits from gener iversity every ay: more than half of Norfun s permanent boar members an senior management team are women. This puts her organization in a leaership position when assessing the gener impact of potential investments that must balance economic, social an environmental consierations. Norfun s investment philosophy is guie by the belief that strengthening the economic position of women is critical to poverty alleviation, eucation, combating HIV/AIDS an fostering sustainable evelopment. To this en, Norfun assesses a company s policies an efforts to create equal opportunities for women an to promote female managers. This is part of Norfun s overall effort to ensure the greatest evelopment impact of each investment it makes. Norfun is also Norway s leaing investor in the microfinance sector in countries such as Camboia an Banglaesh. These investments allow Norfun to assist thousans of women entrepreneurs who o not qualify for traitional business loans. Ms. Clemet is a former member of the Norwegian Parliament, an a former minister of labor an minister of eucation an research. Toay, she heas Civita, an inepenent think-tank. In all of these roles, she has been an avocate for improving gener equality. Kristin Clemet Chair Norfun Focusing on women to increase the impact of each investment 7

10 Samuel DiPiazza Chief Executive Officer PricewaterhouseCoopers (PwC) Nurturing female talent instea of losing it at home an abroa Samuel DiPiazza is the creator of PwC s innovative Gener Avisory Council, aiming to ensure that talente women can reach the top levels of the firm. Uner his guiance, PwC is also taking its gener experience to the outsie worl, using new ways of thinking to help businesswomen succee in eveloping countries. PwC provies inustry-focuse assurance, tax an avisory services through its network of firms worlwie. Depenent on the ieas of its employees, PwC leaers realize that too many talente women were leaving their positions in mi-career just when the wealth of their experience woul most benefit clients. Successful, awar-winning programs have helpe stem this loss, incluing Full Circle, which helps employees take a career break for up to five years while retaining their PwC relationships an professional creentials. PwC s Ulysses Leaership Development Program is also benefitting women in business, while raising family incomes in eveloping countries. In Tanzania, PwC partners worke with Selfina, a microleasing institution that serves poorer businesswomen. Together with Selfina s management, they reviewe all operations an prouce a plan that has attracte the organization s first equity investment. This will help Selfina grow from 7,000 to 40,000 clients over five years helping a quarter of a million people who are economically supporte by these women. Mr. DiPiazza is chairman of the Worl Business Council on Sustainable Development an an executive committee member of the Worl Economic Forum's International Business Council. 8

11 In 2006, Kevin Kelly became CEO of Heirick & Struggles, a global executive search an leaership avisory firm with representation in 65 countries. As a search consultant, Kevin has helpe shape corporate leaership teams for some of the worl s most innovative companies. Mr. Kelly believes passionately that culture rives commercial success an culture inclues a broa an inclusive approach to iversity. Diverse teams create a rich tapestry of thinking which rives better-groune ecisions an stronger business performance. Clients agree. Heirick & Struggles focus on iversity, incluing women, has become a strategic business avantage. Kevin L. Kelly Chief Executive Officer Heirick & Struggles Heirick & Struggles has sponsore important research focusing on women s leaership, incluing trens on women s participation on corporate boars. By ientifying the obstacles that women face in being selecte for corporate boars, it is possible to create strategies to enable women an client companies to overcome these challenges. Such strategies are now applie across the firm s work. To continue the ialogue, an to engage potential women hirees an boar appointees, Heirick & Struggles Women s Executive Network eneavors to collate this research an expertise together, connect istinctive women with each other an inclue at least one qualifie female executive on every caniate short-list. Encouraging women into corporate leaership roles 9

12 Nancy Killefer Senior Director McKinsey & Company Promoting the business case for increasing women s private sector participation For ecaes, McKinsey & Company has avise corporate executives on critical business issues. Toay, this inclues gener iversity as a corporate performance river. Nancy Killefer has le the McKinsey Women s Initiative, a broa spectrum of gener projects aime at making the business case for increasing women s participation in the private sector. In 2007, McKinsey publishe Women Matter, showing that companies where women are most strongly represente at boar or top-management level perform best organizationally an financially. The stuy offers fact-base insights into the importance of fostering women s professional evelopment. A 2008 stuy calle Centere Leaership further eluciates what rives an sustains successful female leaers. McKinsey supports women s economic empowerment globally through the Global Summit for Women, Vital Voices Global Partnership, Women s Forum for the Economy an Society, Catalyst, the Worl Economic Forum an the Cartier Women s Initiative Awars. The firm s Leaership Project: Portraits of Women Leaers collects oral histories of women leaers from ifferent regions, age groups an career paths. McKinsey also supports the FORTUNE/US State Department Mentoring Partnership. Ms. Killefer currently leas McKinsey s global Public Sector Practice. She has been serving clients for over 25 years in a range of inustries. Ms. Killefer is a boar member for Vital Voices an Catalyst. 10

13 Sung-Joo Kim is a Korean entrepreneur who has been name one of the seven most powerful women in Asia by Asiaweek. Her company inclues more than 100 high-fashion retail stores in Korea an istributes to retailers worlwie. The Sungjoo Group recently acquire MCM Group, a German high-en luxury fashion bran. For Ms. Kim, trying to establish a business in Korea in the late 80s meant challenging traitional notions of a woman s place in Korean society. Her business loan application was turne own by male bank officers who like her business plan until they iscovere a woman was behin it. When she finally i establish her company in 1990, Ms. Kim face a sometimes aunting, male-oriente business culture that challenge her wish to succee on her own terms. Influence by these experiences, Ms. Kim has become an avocate for mentoring an equal treatment of women in business. Sungjoo Group provies internship opportunities for young women an hosts esign competitions for young leaers in the fashion inustry. Ms. Kim has also enowe Yonsei University with funs to create a Center for Global Women s Leaership to encourage eucational an cultural exchanges. Sung-Joo Kim Chairperson an Chief Executive Officer Sungjoo Group/ MCM Group Builing briges for businesswomen aroun the worl Ms. Kim is a regular speaker at the Global Summit of Women. She is also involve in the Worl Women s Forum an Women s International Networking. In 2008, Ms. Kim was inucte into the Enterprising Women Hall of Fame in the US. 11

14 Weny Luhabe is a social entrepreneur, businesswoman an community leaer who has helpe revolutionize entrepreneurship opportunities for women in South Africa. In 2003, she foune the Women Private Equity Fun (WPEF) together with Glenhove Fun Managers. Weny Luhabe Founing Member Women Private Equity Fun WPEF provies expansion capital to companies that are controlle or manage by women, that employ a majority of women or that have a female market focus. The fun covers all economic sectors except mining, real estate an gambling. It is fully investe an a secon roun of funing is uner way. Helping women take evelopment into their own hans Ms. Luhabe was also a founing member of an investment an operating company calle WIPHOLD, the first venture eicate to the empowerment of black women in South Africa. WIPHOLD takes an operational role in builing businesses, primarily in the financial sector. It also has a growing portfolio of strategic an value investments. The company has empowere a broa base of women an women's organizations by giving them access to iviens that enable their financial inepenence. Ms. Luhabe chairs South Africa's Inustrial Development Corporation an International Marketing Council. She is Chancellor of the University of Johannesburg an a irector of the JSE Securities Exchange. Ms. Luhabe is also a member of the Club of Rome. 12

15 Marilyn Carlson Nelson has been calle Entrepeneur of the Decae by The Women Presients Organization in the US. Since 1998, she has le Carlson, which is a global conglomerate proviing hotel, marketing, restaurant an travel services to consumers, corporations an government entities. Throughout her career, Ms. Nelson has also been a leaing avocate for legislative change to support women in business. Returning from unpai maternity leave as a Carlson employee in 1968, Ms. Nelson organize the company s first women s council. When she became CEO, she worke to change company culture so both women an men coul succee an so the company coul benefit from greater employee retention. The effort inclue new benefits an alternative work arrangements. A strong supplier iversity program was also create to ensure minority-owne businesses coul have the opportunity to work with Carlson. Toay, about 40 percent of senior executives are women. Carlson is also regularly ranke as a favorite for working mothers in the US. Ms. Nelson s accomplishments le to her appointment in 2002 as chair of the National Women s Business Council, an inepenent boy that avises the US presient an Congress. Ms. Nelson serves on several corporate boars an is a co-founer of the Worl Economic Forum s Women Leaers Program. She is also author of How We Lea Matters: Reflections on a Life of Leaership. Marilyn Carlson Nelson Chair, Boar of Directors Carlson Avocating a business environment where women can succee 13

16 Hüsnü Özyeğin is a businessman an the founer an chairman Hüsnü Özyeğin Chairman Finansbank Increasing access to eucation to empower girls an women across Turkey of Finansbank, in Turkey. He is also a eicate philanthropist an founer of the private, nonprofit Özyeğin University. Mr. Özyeğin is particularly committe to gener issues an avancing the eucation of girls, so they may fully participate in Turkey s on-going evelopment efforts. Through a founation bearing his name, Mr. Özyeğin has built 56 schools an ormitories for girls across Turkey. Young women have benefitte, too, from the founation s university scholarship program for stuy in Turkey an abroa. They also form a large part of the stuent boy at Özyeğin University, which has a strong scholarship program an emphasizes the values of freeom, flexibility, multiimensionality an accessibility. Seperately, Mr. Özyeğin is a trustee an partner of the Mother Chil Eucation Founation (AÇEV), establishe by his wife, Aysen Özyeğin. AÇEV has vast research, program evelopment, program implementation an avocacy experience in early chilhoo an ault eucation. Together with other partners, it helps provie early eucation for chilren who are aversely affecte by poverty an gener inequalities. The initiative inclues parenting an literacy programs to empower mothers an young girls. Mr. Özyeğin is chairman of Fiba Group, which invests in the financial services inustry, as well as in aviation, retailing, real estate, energy, shipbuiling an port management. 14

17 Nitin Paranjpe became HUL s youngest-ever CEO an managing irector when he was appointe to that role in HUL is the largest, fast-moving consumer goos company in Inia. The company s mission is to a vitality to life by meeting everyay nees in nutrition, hygiene an personal care, through the sale of its proucts. In Inia, this has also meant a commitment to the evelopment an well-being of customers in rural areas, where the majority of the population lives. Women are often consumers of HUL proucts. So HUL evise a win-win partnership with rural women who have become central to the company s istribution moel. The Shakti sales istribution network creates low-risk, profitable microenterprise opportunities for women. They become irect-to-home istributors of HUL s proucts, which are package in quantities small enough to be afforable to rural resients. The program has grown to over 45,000 microentrepreneurs since 2003, reaching millions of consumers in 100,000 villages. Through Shakti, HUL provies training to help its women istributors become confient, inepenent businesswomen. As most of the women live below the poverty line in extremely small villages, the earnings from the program are significant an often ouble househol income. Mr. Paranjpe serves on the managing committees of leaing Inian inustry associations. He chairs the Ino-Netherlans business committee of the Bombay Chamber of Commerce an Inustry. Nitin Paranjpe Chief Executive Officer an Managing Director Hinustan Unilever Lt. (HUL) an Group Vice Presient Unilever South Asia Growing markets an income with women microentrepreneurs 15

18 Mark Parker Presient an Chief Executive Officer Nike Inc. Mark Parker has been CEO of Nike since 2006, after nearly 30 years at the company. He is also a boar member at the Nike Founation, where the singular mission is to invest in girls in eveloping countries. In both organizations, a realization took hol several years ago that women were being unerserve an unerrate whether as consumers of sports apparel or as people who coul help break the cycle of poverty in poor nations. A new kin of thinking has mae women more central to Nike s strategy on both fronts. Helping girls prove their value in eveloping countries Nike has long supporte female athletes. The company is also committe to supplier iversity an to sourcing from womenowne businesses. However, to capture more of the growing, multibillion ollar women s sports apparel market, ifferent organizational, prouct an marketing strategies were necessary. In parallel, the Founation was consiering where Nike coul make the greatest impact. A full review yiele an unexpecte answer: girls. Evience showe that bolstering girls health, eucation an prosperity in eveloping countries coul have a large impact on their families an on the economic prospects of their countries. The Nike Founation now works to put the girl effect into action, spening millions on basic nees as well as projects that support young women workers an entrepreneurs. It is also partnering with the Worl Bank s Aolescent Girls Initiative, which focuses on the transition from school to prouctive employment. 16

19 Since 2006, Peter Sans has le Stanar Chartere, one of the worl s most international banks. Over 90 percent of its profits come from Asia, Africa an the Mile East. Mr. Sans stans behin his company s philosophy that focusing on the well-being an full potential of employees an customers is vital for sustainable economic growth. Stanar Chartere s strategic outreach to women encompasses customers, community an workplace. Increasing women s access to finance through micro an SME lening plays an important part. Microfinance presents tremenous opportunities for sustainable profit. Payback rates are high, an it helps people move from subsistence loans to enterprise loans, an eventually into the formal banking system. Stanar Chartere has provie more than $200 million for microfinance schemes, benefitting more than one million women thus far. Stanar Chartere has introuce women-focuse marketing for its regular banking services, particularly in countries where women have ha a lower rate of formal engagement with banks. This effort, along with microfinance, has helpe Stanar Chartere gain membership in the Global Banking Alliance for Women, a consortium of financial institutions that have successfully leverage the women s market for profit an social goo. Peter Sans Group Chief Executive Stanar Chartere PLC Leveraging the women s market for profit an social goo Mr. Sans is a boar member of the Global Business Coalition on HIV/AIDS, TB an Malaria, which receives significant support from Stanar Chartere. Prior to joining Stanar Chartere in 2002, he was a irector at McKinsey & Company. 17

20 James Turley Chairman an Chief Executive Officer Ernst & Young James Turley believes that when Ernst & Young puts its own people first, they eliver superior services to clients. A commitment to gener equity is part of this approach. Ernst & Young, one of the largest global organizations proviing assurance, tax, transaction an avisory services, has a long-staning recor of working to avance women. Ernst & Young is ranke among FORTUNE Magazine s 100 Best Companies to Work For, among the Top Ten on Working Mother s 100 Best Companies for Working Mothers, an in The Times Top 50 Places Where Women Want to Work. Helping create role moels an promote women in business Ernst & Young is committe to helping its people, its clients an wier communities achieve their potential; as a result, the company is focuse on inclusiveness as a global business imperative. It views inclusiveness broaly as it relates to both gener an to culture an is committe to leaing change aroun the worl. In the US, Ernst & Young has ha a eicate focus on the recruitment an retention of women since Recognizing that women entrepreneurs shoul also be nurture, Ernst & Young recently create the Winning Women competition. The program aims to boost entrepreneurial achievement by helping women gain access to critical business-builing networks an opportunities. Mr. Turley serves on several nonprofit boars, incluing Catalyst, an organization eicate to expaning opportunities for women in business. 18

21 Elena Viyella e Paliza is one of the Dominican Republic s most influential business leaers an a strong avocate for political reform an economic evelopment. In aition to leaing Grupo Inter-Química S.A., which is the leaing supplier of inustrial chemicals in her country, Ms. Viyella is presient of Inescorp S.A., a financial an management consulting firm. Elena Viyella e Paliza Presient Grupo Inter-Química S.A. Ms. Viyella s scope is local, national an international. When electricity was not reliable or not available, she co-foune Monte Rio Power Corp to eliver power to more than 125,000 homes an businesses. When she became presient of her country s National Private Sector Council, Ms. Viyella pushe for a more responsive business enabling environment, incluing tax simplification, regulatory reform an greater investment in long-term competitiveness. Internationally, Ms. Viyella serves on the boar of the Inter- American Dialogue, which gathers leaers from across the Americas to aress hemispheric problems an opportunities. She also participates in the Women s Leaership Conference of the Americas (WLCA), a relate group that works to assure that women s concerns are specifically aresse in international forums, such as the Summit of the Americas. WLCA also monitors progress that countries are making an works to hol governments accountable. Holing governments accountable on progress for women Ms. Viyella is a past presient of the Dominican Stock Exchange, the Dominican Manufacturers Association an the National Agribusiness Boar. She currently is a boar member of Potash Corporation of Saskatchewan. 19

22 Yang Lan Chair Sun Meia Yang Lan is an iconic television talk-show personality an one of China s most successful women entrepreneurs. With her husban, Dr. Bruno Wu, she co-foune Sun Television Cybernetworks (SunTV) in 1999, an Sun Meia Investment Holings Lt., a pioneering multimeia company that invests in television, publishing, sports marketing an new meia. Ms. Yang s work reflects an is influencing the changing role of working women in China. Her television programs, such as Yang Lan: One-on-One, entertain millions of viewers each week. Her company s regular surveys have also playe an important role in revealing Chinese women s concerns an interests. Serving an influencing millions of Chinese working women online Builing on Yang Lan s personal bran, the company s web portal, calle Her Village, has become China s largest online community for professional women. It is use by more than 200 million people each month. The site brings together a vast network of multimeia content an TV talk shows focuse on women s interests an positive female role moels. Her Village has also become a powerful bran an marketing channel, tapping into the increasingly inepenent an savvy market of Chinese women consumers. Ms. Yang is engage in several philanthropic ventures. These inclue the Sun Culture Founation, which she establishe to raise awareness about poverty an encourage communication among cultures. 20

23 Mona Zulficar is a successful corporate lawyer an an activist on behalf of women s rights an economic opportunities in Egypt. She was the first woman lawyer to be hire at her firm in Toay she chairs its Executive Committee an leas its banking an capital markets group. Shalakany Law Office is the olest an largest corporate law firm in Egypt where toay more than 25 percent of lawyers are women. Ms. Zulficar has le a number of national campaigns to change legislation affecting women. This has resulte in new laws on marriage an ivorce, nationality rights, family court an family insurance. Ms. Zulficar s avocacy also helpe secure the appointment of Egypt s first woman juge. Mona Zulficar Chair, Executive Committee Shalakany Law Office As a specialist in the banking inustry, Ms. Zulficar has also worke to aress women s lack of access to creit. She foune an chairs Al Taamun, a microfinance organization that empowers poor women through creit. Loans are use for a variety of income-generating purposes, incluing agriculture, shopkeeping an other cottage inustries. Al Taamun reaches more than 65,000 clients thus far. It was recently aware the Grameen Founation Pioneer MFI Awar. Ms. Zulficar is a boar member of the Central Bank of Egypt an is irectly involve in the country s institutional an regulatory reform program for banking an finance. She is vice chair of the UN Human Rights Council Avisory Committee an a member of Egypt s National Council for Human Rights. Strengthening legal rights as a first step in economic empowerment 21

24 Global Private Sector Leaers Forum Members Lloy Blankfein Chairman an The Golman USA Chief Executive Officer Sachs Group, Inc. Henryka Bochniarz Presient Boeing Central an Polan Eastern Europe Frank J. Brown Dean INSEAD France John T. Chambers Chairman an Cisco Systems, Inc. USA Chief Executive Officer Kristin Clemet Chair Norfun Norway Samuel DiPiazza Chief Executive Officer PricewaterhouseCoopers UK Kevin L. Kelly Chief Executive Officer Heirick & Struggles USA Nancy Killefer Senior Director McKinsey & Company USA Sung-Joo Kim Chairperson an Sungjoo Group/MCM Group Korea/ Chief Executive Officer Germany Weny Luhabe Founing Member Women Private Equity Fun South Africa Marylin Carlson Chair Carlson USA Nelson Hüsnü Özyeğin Chairman Finansbank Turkey Nitin Paranjpe Chief Executive Officer Hinustan Unilever Lt. Inia an Managing Director (HUL) 22

25 Mark Parker Presient an Nike Inc. USA Chief Executive Officer Peter Sans Group Chief Executive Stanar Chartere PLC UK James Turley Chairman an Ernst & Young USA Chief Executive Officer Elena Viyella Presient Grupo Inter-Quimica S.A. Dominican e Paliza Republic Yang Lan Chair Sun Meia China Investment Holings Mona Zulficar Chair, Executive Shalakany Law Office Egypt Committee 23

26 The Worl Bank Group Gener Action Plan The Global Private Sector Leaers Forum is an initiative of the Worl Bank Group Gener Action Plan, which promotes gener equality as smart economics. The plan supports women s access to quality employment, high-value agriculture, business opportunities, lan, creit, technology an essential infrastructure services such as transport, water an energy. Women s economic empowerment is not only a question of rights. Stuies show that when women are given access to resources an opportunity, the benefits are large also for their families, their communities an ultimately for national evelopment efforts. Opening economic options for women puts poverty reuction on a faster track an steps up progress towar the Millennium Development Goals, which inclue the eraication of poverty an hunger by The Worl Bank Group Contributing to women s economic empowerment through policy interventions, on-the-groun projects, partnerships, research an gener analysis of broa economic issues. 24

27 Forget China, Inia an the internet: economic growth is riven by women. The Economist Top left to right: Worl Bank photo/jill Merrick; Worl Bank photo/caroline Suzman; Worl Bank photo/simone McCourtie Bottom left to right: Worl Bank photo/caroline Suzman; Worl Bank photo/aue e Thuin; Worl Bank photo/caroline Suzman

28 gener equality as smart economics A Worl Bank Group Action Plan The Worl Bank Group 1818 H Street, NW Washington, DC USA For more more information on the Global Private Sector Leaers Forum or to contact its secretariat office, go to: