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BERLIN—The Lebanese Affiliation for Growth – Al Majmoua has acquired Ladies’s World Banking’s 2015 Excellence in Management Award. The award, supported by Oliver Wyman, acknowledges Al Majmoua’s dedication to selling gender variety among the many group’s workers, management and governance alongside its mission to serve low-income girls.
“We have now lengthy admired Al Majmoua’s ardour and innovation in serving low-income girls in some of the difficult markets on the earth,” mentioned Mary Ellen Iskenderian, President and CEO of Ladies’s World Banking. “The Excellence in Management Award celebrates its devoted efforts to develop a various workforce that develops its girls workers as leaders.”
Al Majmoua, which affords monetary and different companies throughout 22 branches in Lebanon, fosters gender variety all through its recruitment, retention and management improvement practices. The establishment sends focused SMS messages to recruit girls professionals and supplies workers with an incentive for referring girls candidates. All workers are provided equal pay, versatile work hours, distant working choices and different family-oriented advantages. The establishment additionally works to showcase profitable girls workers and supplies teaching and mentoring packages to help girls’s skilled improvement.
In the present day, girls signify 57 p.c of Al Majmoua’s whole workers and 60 p.c of the senior administration crew, up from 47 p.c of workers and 50 p.c of senior administration simply 4 years in the past.
“Non-discrimination and equal gender alternative is on the very coronary heart of Al Majmoua’s tradition, core values and enterprise ideas,” mentioned Dr. Youssef Fawaz, Government Director of Al Majmoua. “We embrace a various workforce as each a enterprise crucial and aggressive benefit in our mission to supply important companies to low-income people throughout Lebanon with out discrimination.”
Al Majmoua’s efforts are notably crucial as Lebanon at present hosts an estimated 2 million Syrian refugees. With a rustic inhabitants of 4.5 million, the refugee inflow is inflicting appreciable stress on Lebanon’s native sources, notably as help from worldwide reduction organizations dwindles. Al Majmoua affords group loans to each Syrian refugees and their Lebanese host communities to assist finance income-raising actions in addition to a spread of non-financial companies, together with coaching in technical abilities, entrepreneurship and enterprise administration, in addition to assist with managing tight family budgets.
“We’re honored to acknowledge Al Majmoua’s achievements with the Excellence in Management Award,” mentioned Finja Kuetz, Companion and Head of Oliver Wyman in Germany and Austria. “The group’s steadfast dedication to gender variety and serving girls shoppers, even in probably the most antagonistic circumstances, is a mannequin for increasing monetary inclusion within the area.”
The Excellence in Management Award is introduced alongside Ladies’s World Banking’s Making Finance Work for Ladies summit in Berlin this week the place leaders from finance, cell know-how, funds and client manufacturers are becoming a member of authorities representatives, microfinance pioneers and extra to look at the most recent and most promising traits in monetary companies for low-income girls.
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