President Uhuru Kenyatta with the african women leaders. Women leadership among listed firms in Kenya is still low even as the country seeks to achieve a 50:50 gender parity.
An of the firms listed at the Nairobi Securities Exchange shows that that only firms are led by women and only two have attained gender parity in the composition of their boards.
Limuru Tea has Gerridina Johanna Maria as CEO, Battery distributor Eveready East Africa has Margaret Odhiambo as CEO, there is Nasim Devji as CEO Diamond Trust Bank, Rebecca Miano heads KenGen , Marion Gathoga-Mwangi is the BOC Kenya CEO while Jane Karuku is the Group Managing Director for the East African Breweries Limited.
KenGen yesterday bagged a gender award in recognition of its efforts to promote gender mainstreaming and women empowerment through its Pink Energy initiative.
KenGen CEO, Miano said the award was a welcome encouragement and would go a long way in motivating both KenGen and other organisations to embrace gender mainstreaming.
She challenged women to rise above stereotypes, focus on building competence and be the best they could be by developing skills that would improve both their professional lives and position in society.
The Nairobi Securities Exchange(NSE) has been seeking to have women occupy at least a third of senior positions in listed companies in order to promote gender parity.
In mid February, NSE became the second bourse in the continent after South Africa’s Johannesburg Securities Exchange to join the 30% Club, a global gender equality lobby group.
Founded in the UK in 2010 by Helena Morrissey, the group, made up of board chairs and chief executives from across the world, champions for the appointment of women in top positions in company boards and top management.
NSE Chief Executive Geoffrey Odundo said the firm will use its position to push for gender diversity in the 62 listed companies.
Last week during the launch of the top 100 brands loved by women, manufacturing, corporate and trade leaders reaffirmed the importance of having women in the decision making circles to drive gender responsive business and consumerism."Research and the studies have shown that (firms) with women on boards have excellent results," said Odundo.Last year, the NSE signed a pact with gender equality data and insights provider Equileap and New Faces New Voices to conduct a joint study to evaluate Kenyan-listed companies’ performance on gender equality.The Nairobi bourse CEO said managerial diversity is part of the NSE’s sustainability agenda in […]
