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Angela A. Sun appointed to Western Union Board of Directors

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Angela A Sun has been appointed by the Western union company to its board of directors, operative from July 19, 2018. She recently served as head of strategy and corporate development at Bloomberg LP and was also the planner of the Bloomberg gender equality index. Apart from joining Board of directors, she will also serve on the audit committee of the board. She brings along a vast strategic and planning experience.

Please chack the spelling of the names and companies. By my knowledge they should be starting with capitals for this specific brief, can we look for more details about her? What has she done so great before being appointed at Western Union?

Macquarie Group Appoints First Female CEO

Shemara Wikramanayake becomes the first in Macquarie’s Group to become the chief executive officer and gets herself in the ranks of Australia’s most powerful business women. She’s also amongst the nation’s 20 biggest companies by market value. Its last CEO, Moore, Brought it from an Investment bank to the World’s largest Asset Manager. 70 percent of earnings comefrom its asset management, financial services and corporate finance businesses. “We are very pleased to see Shemara’s appointment,” UBS Group AG analysts led by Jonathan Mott wrote in a note to clients. “We hold her in very high regard and believe she too has been fundamental in Macquarie’s success. Wikramanayake was paid a $16.7 million in total remuneration in fiscal 2018, making her the company’s second-highest paid executive behind Moore, who earned a $18.9 million

Parliamentarians need to step it up for gender equality

Employment rates are declining in South Asia, particularly with respect to Women. It was Committed during the South Asian Speakers summit that they would step it up for Gender Equality but nothing seems to be done regarding it. Though, South Asia is one of the fastest growing regions of the planet but it stands on the lowest position when it comes to the 2017 Gender Gap Index. Male power and control against women is pervasive in this region and women have a very less role in the governance and economy of the region. Nepal, Afghanistan, Bangladesh and Pakistan are considered to have the highest ratio of Women serving as parliamentarians. The constitutional reform was initiated signifying unbiased representation of women at all decision making levels.

Women Board Director Appointments Hit Record High

According to a new report from Heidrick and Struggles, in comparison with the last year, Women representation has increased in the board rooms. Their percentage rose from 27.8 % in 2016 to 38.3% in 2017. Three year trailing-average method is used to extract data. This is the largest percentage of women among new directors since 2009 when the data was first collected. In addition to this, Heidrick and struggles has projected parity with men in new appointments by 2025. There’s still a lot of work to be done for further improvement in women’s reach to the board rooms as from the data, a lot of women seemed to replace the women who had already left the boards themselves. The percentage increased from 25 to 30% of new board appointees who did not had previous board experience. The representation of African American women also rose from 9% to 11 %, that is, the highest so far.

Some good news for working women

Even after the strong movement of Me Too, women(why is women all the time with capitals? are still facing discrimination in their wages, jobs etc. But, a new research brings in some good news that if Women are able to get along their initial career struggles and get themselves established as high achievers, there’s no stopping them and will be rewarded much more in careers than their male peers. Three Economists J. Aislinn Bohren, Alex Imas and Michael Rosenberg came up with their first study where they held an online experiment at a math community. They studied two behaviours regarding women professionals, when they were without a reputation and when they were high–status established women. Surprising results came when at last the researchers put high reputed women’s accounts in a 50 percent ratio than men and highly professional women got more response and up votes than the highly professional men. Many other papers and researches have been conducted with similar results. What are the final lessons about this?

Kylie Jenner is on the cusp of becoming the world’s youngest self-made billionaire, with Forbes estimating her net worth to be 3 times as large as Kim Kardashian’s

Kylie Jenner has made to the cover of Forbes and it is estimated that she’s worth $900 Million. Jenner is also reported to be the 27th richest self-made woman in the US leaving behind the rest of her famous family in the race. She has been said to follow the footsteps of Mark Zuckerberg who earned the title of “Youngest Billionaire in the world”. The magazine says that it would take more than a year of slow sales to stop Jenner from becoming a billionaire and making history.

What has she done for this money? What’s the story behind?

BDC’s WIT fund invests in four women-led tech companies

Funds are being invested in by BDC Capital’s Women in Technology Venture Fund (WIT) in four Women-led technology companies. The WIT fund worth $200 million has so far invested in 14 women-led companies. The funds are invested in Avenue HQ which is a marketing software house, Lufa farms, a Montreal developer of Green House etc. These are all lead by leading female CEO’s. The WIT fund is led by BDC Managing Director Michelle Scarvorough. The motive behind BDC Capital WIT venture fund is to invest in the leading companies lead by female CEO’S and build effective businesses that earn higher returns. They believe that diversity has its role in bringing in investors and a long term Economic Growth. WIT looks forward to invest in both capital and resources of such companies who are willing to put in the right kind of technology, team and resources.

The Africa CEO Forum Launches the Women in Business Network

200 influential women business leaders from 32 countries in Paris were brought together on 2nd and 3rd of July where the first Women in Business Annual Leadership meeting was held. It was organised by Jeune Afrique Media Group in partnership with the International Organisation of La Francophonie and ESSEC Business School. While expanding businesses internationally, one has to retain his image in this age of social networks. Personal glorious stories of women are shared through this platform and many workshops are being conducted. Launch of this Women in business network aims at strengthening African women’s Leadership as this will lead to an interaction between women managers who have interest in Business with regards to Asia.

There’s a new, $100 million fund expressly for women founders of color

Unilever who was a master in consumer goods services attained Sunidial for unveiled footings. This joint acquisition of the two companies later on also said that they’d be creating new investment openings and empower minority women entrepreneurs. A new fund called the “New Voices Fund” to which an initial commitment of $50 Million was made. At the 2018 festival in New Orleans, Dennis said that he was launching the find with 100 M and that, 1/3rd of it has already been committed to black Women entrepreneurs. This update is really a welcome news for women, in particular, women of color, who are the most fast-growing percentage of Women in the country. By 2014, that number hit 2,934,500 businesses, or 32 percent of women-owned firms according to the reports on Women of color.

ADB grants $12.5M to boost women entrepreneurs in Sri Lanka

$12.5 Million have been granted by the Asian Development bank (ADB) to empower Women Entrepreneurs in Sri Lanka by assisting them through financial means. Their finance ministry acknowledged the difficulties that their women have been facing in terms of finances while leading their small and medium enterprises. Out of $12.5 M, $9.5 M will be unswervingly loaned to the business women. Young and new entrepreneurs will be provided with business techniques and trainings as well. The World Bank suggested to the Government that they must involve Sri Lankan Women in work as it’ll bring more Economic Development and help them achieve more and more.

National News

Pakistan’s first woman chief justice

For the first time in the history of Pakistan, a woman will take the office of Chief Justice at a Pakistani Hh Court. Balochistan Chief Justice Mohammad Noor Muskanzai will be taken over by Justice Tahira Safdar on 31st August, 2018. One, she being a female and making it to this post is itself making history but more than this, a province like Baluchistan is going to experience this breakthrough where already women are lacking behind. She was also the first person to become a civil judge in the same very region. This step is huge for our upcoming generation as our legal system is in dire need of Women representation.

Candidate of Islamist party becomes the first Woman mayor of Tunis (Dawn-Karachi, 4th July, 2018)

Souad Abder-Rahim was backed by an Islamist party and she defeated a city official who worked under Zain el Abidine Ben Ali to become the first mayor of the Tunisian capital. She says that she dedicated this victory to all the struggling women in the world. She looks forward to improve the face of Tunis. Throughout the country, independent candidates took the majority of the seats winning 32.9 percent nationwide and Souad being one of the independent candidates. The second round of voting was boycotted by left wing and centrist parties who refused to not support the candidates of either of the sides. Ms Abderrahim was elected in this second round of voting by councillors. She was also an activist while she was a university student and she sat in the Ennahdha bloc of a constituent assembly. She made it clear that she’s willing to work with all parties while rejecting the label of Islamist and that she believes in transparency.

Political parties urged to ensure women get 5% quota on general seats

5 percent quotas were expected by the political parties in awarding party tickets to women contesting for general seats in the general elections. The civil society and the women right activists strongly pushed the political parties to ensure effective implementation of the prescribed quota above. Women’s political participation and the talks of gender quota have loudly been in the air these days. According to the report, women’s representation in the parliament has increased but because of the lack of quota is wasn’t able to reach up to the mark which is expected now. Only 23 percent women are there in the world parliament, therefore, this is not just a national issue but a global one, said Dr Farzana Bari who is a gender rights activist. PML-N’s Nargis Nasir insisted that the NGO’S must play their role and investment in the training of women they could become the leading fiures in their communities.

Karan-daaz partners with female entrepreneurs (Nation Lahore, 6 July,2018)

Karan-daaz, which is Pakistan’s significant promotor of financial insertion has successfully contracted agreements with the female entrepreneurs who took part in the Women Entrepreneurship Challenge-2017. Grants and investments worth Rs.64 million will be given to these entrepreneurs to develop their respective initiatives further. This project of funding is initiated by UK’s Department for International Development (DFID). They provide technical support to these businesses and a platform to raise investments from Karan-Daaz. Over 650 women-lead businesses applied for the challenge and only 36 from amongst them received Business development training through Karandaaz’s partner organisations.

Record number of 171 women in the run for NA General Seats (Dawn-Karachi, 6 july, 2018)

For the first time in Pakistan’s electoral history, 171 women will be on the run against the 272 general seats of the country’s National Assembly. According to an analysis, 66 women from amongst them will be contesting independently and the rest of the 106 women have been awarded party tickets. In the last election of 2013, the number of women who stood independently in the elections were more than the ones who fought on the party tickets-61 and 74 respectively. The number of female candidates from amongst Punjab is 44 and most of the parties of the country including MMA, PTI, PML(N),AAT,NP,APL etc. In Baluchistan, all together 7 of the women will be contesting for the general seats from amongst which 3 will be independent candidates. In many women constituencies, there are more than one woman contesting. So what’s the percentage growth? Why is this important? In comparison, how many men are running for elections?

Hamida Hazara-a picture of tenacity (Dawn-Karachi, 6 July, 2018)

Hamida is known for her activism in the Hazara community. She recently started a restaurant that’s solely run by the Hazara women. A month ago, Nawabzada Shahzain Bugti of the Jamhoori Watan Party approached her to offer her the party ticket. But when she went to sumbit her nomination papers, the RO rejected the papers, ridiculed her and some of her other colleagues who are Hindus or Christians, particularly meant for the reserved seats. Hamida did not give up and finally got her papers cleared from the High court and now she’s successfully running her campaign and contesting for the elections on PB-26 Quetta. She believes on empowering women and therefore, has provided a platform for women to earn for themselves respectfully. She looks forward to her political career in order to show her people their political rights. She does not believe on gender biasedness and the opposition faced by women when they’re up for a great big cause.

Women urged to enhance political participation (Express Tribune, 5 July, 2018)

Punjab Government has achieved an assenting milestone by declaring 15 percent quota for women in jobs and 5 percent additional quota for the religious minorities in their work places. A seminar named “Tracking job quota for the women in Punjab” was prearranged by peace and development foundation. The participants emphasised on the verdict of increased political participation, speaking about work place harassment by the professional and the facilitation of women to make their mark in the world for economic and social wellbeing. Kashmala Tariq also said that the office of Ombudsperson is always on toes to support the victoms of harassment and support them. She also informed that FOS-PAH has started working with my chambers of commerce to improve the working environment for the women.

Jamaat, JUI-F change stand on women’s enfranchisement

The Ulema have started realising the importance of women representation in the voting with regard to the upcoming elections. Ulema have been asking the male and female students in their seminaries to convince their male guardians to take their female members to caste vote as well. Previously the ulema were not for women participation in elections or voting as even Benazir Ali Bhutto was opposed after she became the first woman prime minister, so there has been a shift in their attitudes now. The spokesperson to the JUI-F informed that they’ve requested some affiliated prayer leaders to talk about the importance of women voters and its impact on the governance of the country. “The Ulema are seeking commitment from their followers to being women to the polling stations for casting vote”, said Jalil jan.

Call to ensure Women worker’s rights in next Government (Dawn-Karachi, 20th July)

Many Civil Societies of all types including the Labour right parties urged the parties to have equal wages for Women in comparison with men once any of them forms the next Government. They were requested to add such rulings in their manifestos so their female employees did not face discrimination. Their demands included application of Anti-harassment laws in all sectors, establishment of women assistance desks with female officers is labour related departments, Worker’s welfare funds and boards and Wage boards etc. The organisations which have issued these demands included Human Rights Commission of Pakistan, Aurat Foundation, Pakistan Institute of Labour Education and Research, National Trade Union Federation, Women Development Foundation, Hunar Ghar etc.

Women get quay cranes operating License (The News- Karachi, 18 July, 2018)

New Grounds are breaking in a male Conquered field where the country’s first female management beginners will are licensed to operate remote controlled STS Crane operations at the container port. Faryal Anwar, 24, and Umama Saleem, 27, have already finished their training. Faryal, amongst the two can operate both manual crane and remote operated station. She said, “It is a hard training process, including completing hours as a spectator, another 100 performing operations under observation, and then 200 hours of operating machines independently with support available if required”.

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