“We see the UAE’s quota as a positive thing which gives us, and companies, the opportunity to really look at the nominations process.” Diana Wilde, Aurora50 co-founder
Gender diversity works both top-down and bottom-up, Aurora50’s Suzanne Locke tells The National as new quota is announced for private company boards.
Interviewed on Asharq Business Bloomberg after a quota of one woman per listed UAE board was mandated by the Emirates and Securities Commodities Authority (ESCA), Aurora50 co-founder Diana Wilde said: “We have a clear message from the government in the UAE that the economy will grow substantially if gender balance is achieved. The challenge lies in creating a pipeline of women, and the extent of women’s access to boards.”
The number of women holding board seats in UAE listed firms has more than doubled over in two years, Gulf News reports, quoting Aurora50’s research report Non-executive Board Careers in the UAE: A Path to Gender Balance.
