One year on from regulator Esca’s announcement that all listed companies on the UAE exchanges must now have a woman on board and on International Women’s Day, Zawya took a look at the latest numbers.
Currently, reports Zawya, companies that have all-male boards must appoint a woman when new boards are appointed, or if a board member resigns before the end of their term. Boards typically have three-year terms.
It highlights the appointment of Fatima Abdalla Al Fatim to the board of Arkan Building Materials after graduating from Aurora50’s Pathway20 accelerator programme. Meanwhile Aurora50 sponsor ADNOC has 17 women on its 22 boards.
But the true picture of how much progress has been made will only come after the next round of company annual general meetings (AGMs) this month, says Aurora5o co-founder Diana Wilde.