Omran: The Commission’s Prize Race produced honorable examples of women’s leaders in the non-banking financial sector
Dr. Muhammad Omran, Chairman of the Financial Supervisory Authority, witnessed the ceremony of announcing the names of the women who won the Financial Supervision Award for the most distinguished female leaders for the year 2020 in the field of work in capital market activities, companies listed on the stock exchange, insurance, real estate finance companies, financial leasing and factoring, and microfinance.
The winners were awarded the authority’s award and certificates of appreciation – after a race that lasted for more than seventy days – as confirmation of the authority’s endeavors to support women’s leaders in the non-banking financial sector and to present successful women models with real achievements on the ground.
Mohamed Omran said that the Egyptian state institutions had always been directed to many calls to support women, and that the financial control took the initiative to take upon itself to face the challenge of empowering women, and to voluntarily commit to responsibly to achieve the fifth goal of the United Nations Sustainable Development Goals related to gender equality by launching The first integrated strategy for the non-banking financial sector in Egypt to chart a course of action within four years to create an inclusive, non-banking financial system that stimulates economic growth that is characterized by independence and equality between the sexes.
The head of the authority revealed the names of the winners for every non-banking financial activity, and they are: Iman Ismail on the financial leasing activity, Reham Farouk on the microfinance activity, Ghada Hammouda on the money market activity, Ghada Shams on the factoring activity, Mervat Amer on the real estate finance activity, and Hadeel Abdel Qader for insurance business, and Yasmin Najm for companies listed on the stock exchange.
Dr. Ahmed Darwish, the former Minister of Administrative Development, representing the members of the Commission’s award jury, said that transparency and objectivity were the title of all the personal interviews that took place with the female candidates, and he continued that, based on the recommendation of the jury, two women candidates who arrived at the final stage of the qualifiers were honored and had Inspirational success stories for other women on a practical level, as they made their way through personal struggle, namely Suhair Al-Masry for microfinance activity, and Ghada Ezzat El-Fiqi for companies listed on the stock exchange.
Imran explained to the attendees that the applications of 58 female candidates from various non-banking financial sectors had been received by the end of the 20 December 2020 working day, after addressing companies and unions operating in the non-banking financial sector to do their turn to address their members to nominate qualified cadres of distinguished women, according to a number of The objective criteria foremost among them is that the candidate for the Authority’s award should occupy a position within the “senior executives”.
He added that the Commission’s Prize race has passed the stage of forming a miniature internal committee from the Commission. The data on the 40 female candidates were presented according to a matrix of specific criteria that included the degree of education, training programs, workshops, positions held by the candidate, prizes, activities that she participated in, volunteer work and initiatives in which she participated. By the end of that stage, the number of female candidates reached 21, up to the final stage, where a jury was formed of senior specialists and distinguished experts in international institutions – and without any interference from financial oversight in the selection of the committee – which conducted virtual interviews through electronic applications with the single female candidates. Twenty.
Sina Habbous, Advisor to the President of the Authority for Sustainable Development, said that the Financial Supervision Award for the Most Distinguished Women Leaders will be held every 24 months, and the Judging Committee for the first session included 7 distinguished personalities from inside and outside the Arab Republic of Egypt, including Dr. Ahmed Darwish, the former Minister of Administrative Development, and the journalist Dina Abd. Al-Fattah, editor-in-chief of Amwal Al-Ghad magazine and founder of the Khamseen Forum, Rand Abu Al-Hassan, Resident Representative of the United Nations Development Program in Egypt, Sharifa Sherif, Executive Director of the National Institute for Governance and Sustainable Development, Maggie Nassif, Executive Director of the Fulbright Authority, and Hala Abu Alwan, founder and CEO of Hala Abu Alwan Consulting Yahya Al-Husseini, Director of Corporate Governance Projects in the Middle East – International Finance Corporation.
The article “Financial Supervision” announces the names of the women who won the Excellence Award for the year 2020, was written in Al Borsa newspaper.