Amy Roko has called on large companies to hire more female senior management staff.
Roko – who is Acting Editor of Arabian Business for International Women’s Day – said she was concerned by a new Moody’s report, which said that “closing the labour force participation gap and correcting the underutilisation of women in management in 38 OECD-member countries, would add $7 trillion to the global economy.”
“You don’t need to be a rocket scientist to work this out – $7 trillion can be added to the global economy. Why are we not going in this direction?” she said.
Roko added: “My worry is we only seem to be taking one step at a time. Yes, it’s great more women are now in work. But why stop there? Why is it still so rare to meet a female CEO, or actually, a female in a senior management position? Don’t tell me it’s because we don’t have the right skills or qualification. It’s because companies are deliberately holding back from doing so.”
The Moody’s report said the $7 trillion boost to economic activity “stems from a rise in the number of people in work, with more women joining the labour force and an increase in productivity, as a greater share of women become employed in more productive managerial and professional roles.”
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