Imported User:
The Central Bank of Nigeria (CBN) is convincing banks’ top hierarchy to create a certain percentage management and board positions for women in the country.
Before now, very few women were seen in the management of many banks in the country.
In fact, analysts say the move will ensure that women are not only used in marketing, while men call the shots.
According to them, more than 90 percent of the top positions are occupied by men. Others are wary of the apex bank’s move saying it has no right telling shareholders what to do in filling positions.
Also, in a bid to translate economic growth so far recorded in the last two years into improved employment levels and standard of living, the Central Bank of Nigeria (CBN) has concluded plans to establish a special fund to empower women.
The CBN Governor, Sanusi Lamido Sanusi made this known yesterday in Abuja during the 6th annual Microfinance conference and entrepreneurship awards.
He said the fund would be disbursed to women at single digit interest rate.
Sanusi, however, explained that the move to empower more women was poised towards boosting the federal government’s programme on job creation and poverty alleviation.
Add new comment