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Maura Hart, +1 212 556 3156 or meh@womensworldbanking.org
NEW YORK— On Worldwide Ladies’s Day, Ladies’s World Banking declares that Banco de Ahorro y Crédito ADOPEM, S.A. (Banco ADOPEM) of the Dominican Republic receives the Excellence in Management Award. The award acknowledges Banco ADOPEM’s dedication to selling gender range among the many group’s employees, management and governance alongside its mission to serve low-income ladies.
“Banco ADOPEM’s confirmed dedication to serving ladies shoppers within the Dominican Republic is paralleled by their dedication to creating alternatives and growing excessive potential ladies leaders within the financial institution,” stated Mary Ellen Iskenderian, President and CEO of Ladies’s World Banking. “It’s no coincidence that we make this announcement on Worldwide Ladies’s Day, as Banco ADOPEM is actually a worldwide mannequin of gender range and inclusion.”
Fifty p.c of Banco ADOPEM’s vice presidents are ladies. Ladies additionally symbolize 49 p.c of senior administration, roughly 75 p.c of mid-level administration positions, one hundred pc of tellers and customer support suppliers within the branches and 44 p.c of board administrators. These numbers are a mirrored image of the establishment’s dedication to investing in ladies’s expertise growth in any respect employees ranges.
“Investing within the growth and management of ladies is prime. It’s a part of our tradition at Banco ADOPEM, since we’re an establishment that first emerged due to the initiative of a bunch of ladies,” commented Mercedes Canalda de Beras-Goico, Government President of Banco ADOPEM. The Asociación Dominicana para el Desarrollo de la Mujer (ADOPEM) NGO was first based in 1982 by Ms. Canalda Beras-Goico’s mom, Doctora Mercedes Canalda, and a bunch {of professional} ladies involved with the poverty ranges within the Dominican Republic. Their mission was to enhance the wellbeing of ladies and their households by providing monetary schooling and credit score to micro-entrepreneurs. In 2005, ADOPEM NGO formally remodeled to Banco ADOPEM Financial savings and Mortgage.
In 2012, Banco ADOPEM created an inside Committee for Gender Equality, chargeable for making certain that the financial institution delivers on its promise to help ladies’s development within the group. As Government Director, Ms. Canalda leads the Committee with representatives from the Board and Vice President stage.
As one in all its first initiatives, the Committee for Gender Equality launched the Institutional Profession Program to advance ladies’s skilled progress by means of capability constructing and clearly outlined paths to promotion. Since launching the Program, Banco ADOPEM elevated the proportion of ladies in mid-level administration by 10 p.c.
In 2016, all 74 Banco ADOPEM branches despatched a lady consultant to feminine department supervisor coaching as a part of the Institutional Profession Program. In August, as a direct end result of program participation, a lady working in operations was promoted to Department Supervisor for the primary time within the financial institution’s historical past. She is now serving as a job mannequin, encouraging different ladies to pursue their profession aspirations.
The Excellence in Management Award is awarded to Ladies’s World Banking community establishments that, along with excellence in monetary and social efficiency, have modern applications or insurance policies that provide women and men staff equal alternatives to carry out, excel and lead. Runners up for this yr’s award included: Pakistan’s Kashf Basis for its range administration technique to create a gender inclusive workforce; Kenya Ladies Microfinance Financial institution (beforehand acquired the award in 2011) for its modern human sources coverage to drive range and inclusion; Egypt’s Lead Basis for its efforts to construct a tradition of gender range in any respect ranges; and the Philippines’ Negros Ladies for Tomorrow Basis for many years of service as an equal alternative employer. Previous to Banco ADOPEM, Earlier Excellence in Management Awardees consists of Al Majmoua of Lebanon (2015), Microfund for Ladies of Jordan (2013), and Shakti Basis for Deprived Ladies of Bangladesh (2012).
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