FICCI-LO and Finland to Work Jointly to Bring in More Diversity in Corporate Boards Especially in India
APN News October 2018
Congratulations to IWEC Partner FICCI-FLO for taking these steps forward!
New Delhi : FICCI-FLO (Ladies Organisation), the women business wing of apex trade body FICCI will be working together with Finland and sharing best practices to bring in more diversity in corporate boards especially in India for both social and economic empowerment of women. India has very less women on corporate boards.
“In Finland 72 per cent women are working and about 27 per cent women are on the corporate board of listed companies and this was achieved gradually . Finnish companies realized that increasing corporate board diversity will help empowering women as well as bring in gender parity” said Ms Nina Vaskunlahti, Ambassador of Finland to India speaking at an interactive seminar on “Women in Business leadership – India & Finland” organised jointly by FICCI Ladies Organisation (FLO) , in collaboration with the Embassy of Finland in New Delhi today
“The corporate governance code made it mandatory in Finland to include both genders must in the company board .This helped in empowering women and hanging the outdated concept that men are best leaders” she said.
“This is a precious opportunity to have an exchange on challenges and good practices related to the inclusion of women in working life and leadership. It has become evident that actors such as chambers of commerce and businesses can play a key role in influencing attitudes and measures related to women’s career development. Collaborating across borders can be instrumental in reaching our common goals.” Said Ms Nina Vaskunlahti, Ambassador of Finland to India speaking on the occasion.
