As this year’s International Women’s Day theme of ‘Accelerating Action’ unfolds, ECNETNews highlights the dedication of Standard Chartered Tanzania in promoting women’s contributions across society.
Standard Chartered is committed to empowering Tanzanian women, helping them realize their leadership potential and career opportunities within the organization. Women comprise over 50% of the workforce, 50% of independent board members, and 31% of the C-suite, showcasing the organization’s dedication to advancing women’s roles in the business and financial sectors.
In May, the global commitment to women’s empowerment will see the appointment of Maria Ramos as Group Chair, marking a significant step towards establishing a robust pipeline of female leaders influencing the future trajectory of the organization.
The implementation of a strong gender equality culture has been pivotal in achieving these milestones, supported by an effective talent management strategy focused on professional development for female staff.
Standard Chartered proudly participates in the Female Future Program, initiated by the Association of Tanzania Employers (ATE), aimed at cultivating the next generation of female business leaders. Since its launch in 2015, the program has benefitted over 22 women, equipping them to challenge norms, drive change, and inspire others within their organizations.
Executive talent development programs are designed to maintain a 50:50 gender representation, reinforcing the commitment to equal opportunities for all talent. The Fair Pay Charter ensures equal pay for equal work, proactively addressing any emerging gender pay disparities.
Furthermore, support for female colleagues extends beyond professional development, encompassing comprehensive medical and social support addressing health issues such as menopause and endometriosis. Every woman at Standard Chartered is guaranteed dignity and well-being, supported by targeted health programs and access to free sanitary products, fostering an inclusive environment.
The 150 days of maternity leave policy allows new mothers ample time for family bonding while securing their jobs. Returning mothers benefit from a lactation room and flexible breastfeeding breaks, enabling them to balance career aspirations with family needs seamlessly.
Additionally, the GOAL project, part of the Futuremakers initiative, empowers teenage girls from low-income communities with essential skills, enhancing their employment prospects and entrepreneurial success.
As we celebrate International Women’s Day, let us work together to dismantle barriers preventing women from reaching their full potential, recognizing the immense benefits this brings to organizations and society as a whole.
