From P&L responsibility to crafting your personal brand, writing a board CV and getting early exposure to the boardroom, there are specific tasks you should invest time in to get yourself board-ready.
Investment research firm MSCI upgraded First Abu Dhabi Bank's (FAB) environmental, social responsibility and governance rating from A to AA in April, putting it in the 'leader' category - in part due to the bank joining Aurora50 as a corporate partner for the Pathway20 boardroom accelerator programme.
From growing confidence and communication skills to big-picture thinking, here are 14 ways that taking a board seat at your company in the UAE will help you in your day job too.
There is a huge opportunity for aspiring board directors, as ESCA calls for women to represent 20% of directors on listed boards - it's time to get planning.
ESCA's quota of one woman per listed company board was made law last month; Aurora50 believes this will support the UAE’s Vision 2021, attract millennials to your business and meet investors’ diversity requirements.
The Hope (Amal) mission orbited Mars last month, making the UAE only the fifth country to ever reach the Red Planet and the first Arab nation to do so. If we can make it to Mars, we can get to 20 percent female representation on company boards, writes Aurora50's Diana Wilde.
Listed companies in the UAE must now have at least one female director on their boards, market regulator ESCA says.
Aurora50 in the media
The UAE leadership understands the link between the representation of women in organisations and better financial results, Aurora50 co-founder Diana Wilde said in an interview with Arabian Business.
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."
Aurora50 co-founder Diana Wilde was interviewed on Dubai One's Emirates News television show to discuss the new Emirates Securities and Commodities Authority (ESCA) quota of one woman per listed board in the UAE by 2025 and the agreement signed with the UAE Central Bank to enhance gender diversity.
Aurora50's Diana Wilde speaks to Bloomberg Daybreak: Middle East about gender parity on boards in the UAE, as ESCA sets a quota for listed companies of one woman per board.
Aurora50's press releases
Abu Dhabi, UAE — 26th August 2020: Aurora50 celebrated the successful conclusion of the inaugural Board Summit, organised under the patronage of …
Abu Dhabi, UAE – 22 August 2020: In a move with far-reaching effects, Aurora50 and the UAE’s prominent financial centers and exchanges …