{"id":24657,"date":"2021-03-08T18:59:41","date_gmt":"2021-03-08T18:59:41","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/?p=24657"},"modified":"2021-03-08T18:59:41","modified_gmt":"2021-03-08T18:59:41","slug":"stanchart-tanzania-celebrates-steady-growth-in-gender-equality","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/economy\/stanchart-tanzania-celebrates-steady-growth-in-gender-equality","title":{"rendered":"StanChart Tanzania celebrates steady growth in gender equality"},"content":{"rendered":"<p><strong>AfricaPress-Tanzania:<\/strong> STANDARD Chartered Bank Tanzania is celebrating achievements realised in the period of three years since it started collaborating with the International Finance Corporation\u2019s (IFC) in women\u2019s welfare issues through its flagship Finance2Equal Tanzania programme.<\/p>\n<p>In honour of this year\u2019s International Women\u2019s Day themed \u2018Choose to Challenge\u2019, the bank basks in the growth of gender equality at the workplace in Tanzania, the area that it has worked on diligently for years now.<\/p>\n<p>The Finance2Equal programme is aimed at increasing women\u2019s participation in social and economic affairs such as leadership, employment, and entrepreneurship from April, 2019.<\/p>\n<p>In a statement released by the bank over the weekend, Anne Kabugi, IFC\u2019s Regional Gender Lead for Africa, pointed out that from last November\u2019s IFC case study on equality at place of work, the bank was proved to have been performing incredibly well.<\/p>\n<p>\u201cPreliminary results from the case study indicated that our bank is creating a culture that supports gender equality, from having one third of its board members and executive committee members being women, to having a strategy focused on catapulting more women to leadership positions,\u201d said Kabugi adding,<\/p>\n<p>\u201cIFC is working on finalizing the report which will be shared widely in the financial sector as a best practice learning for other organisations within and outside the sector.\u201d<\/p>\n<p>Commenting on the initial results by IFC, the Bank\u2019s CEO, Sanjay Rughani said the bank is honoured to work with IFC in women matters and is pleased with the results.<\/p>\n<p>\u201cThese preliminary results represent the significant progress we have made on our diversity and inclusion agenda. Finance2Equal not only will it help see more women take up leadership roles within the financial sector, but it will also result in more women taking up financial products and services as part of the next leg of the partnership and project with our bank.\u201d said Rughani.<\/p>\n<p>According to him, gender equality is taken as a critical factor that can fasten the bank\u2019s success and management is committed to empowering women in the workplace as it has a number of policies, commitments, interventions and initiatives that support women.<\/p>\n<p>In particular, he said the bank has put emphasis on supporting childcare as a key barrier to women\u2019s participation.\u00a0 To this end, the bank offers global flexible working practices especially for returnee mothers and increased benefits for new parents.<\/p>\n<p>\u201cThe bank has one of the best parenting policies that grants new mothers a fully paid maternity leave of five months, compared to the market practice of a three months maternity leave;<\/p>\n<p>New fathers are also granted a two weeks\u2019 paternity leave compared to a market practice of three days.\u00a0 Other initiatives include the Women\u2019s Network that provides an international platform to inspire and encourage women working at the bank to contribute and share best practices\u201d affirmed Rughani.<\/p>\n<p>At a group level women occupy 30 percent of its top four levels of senior roles. In Tanzania, the bank has already achieved this target with a third of its top management team comprising women.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AfricaPress-Tanzania: STANDARD Chartered Bank Tanzania is celebrating achievements realised in the period of three years since it started collaborating with the International Finance Corporation\u2019s (IFC) in women\u2019s welfare issues through its flagship Finance2Equal Tanzania programme. In honour of this year\u2019s International Women\u2019s Day themed \u2018Choose to Challenge\u2019, the bank basks in the growth of gender [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":24648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[1492,1695,2403],"class_list":["post-24657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-ifc","tag-standard-chartered-bank","tag-womens-day"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>StanChart Tanzania celebrates steady growth in gender equality - Tanzania<\/title>\n<meta name=\"description\" content=\"STANDARD Chartered Bank Tanzania is celebrating achievements realised in the period of three years since it started collaborating with the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/economy\/stanchart-tanzania-celebrates-steady-growth-in-gender-equality\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"StanChart Tanzania celebrates steady growth in gender equality\" \/>\n<meta property=\"og:description\" content=\"STANDARD Chartered Bank Tanzania is celebrating achievements realised in the period of three years since it started collaborating with the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/economy\/stanchart-tanzania-celebrates-steady-growth-in-gender-equality\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-08T18:59:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/03\/StanChart-pic.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"660\" \/>\n\t<meta property=\"og:image:height\" content=\"330\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stanchart-tanzania-celebrates-steady-growth-in-gender-equality#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stanchart-tanzania-celebrates-steady-growth-in-gender-equality\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"StanChart Tanzania celebrates steady growth in gender equality\",\"datePublished\":\"2021-03-08T18:59:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stanchart-tanzania-celebrates-steady-growth-in-gender-equality\"},\"wordCount\":520,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stanchart-tanzania-celebrates-steady-growth-in-gender-equality#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/03\/StanChart-pic.jpg\",\"keywords\":[\"IFC\",\"STANDARD Chartered Bank\",\"WOMEN\u2019S DAY\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/economy\/stanchart-tanzania-celebrates-steady-growth-in-gender-equality#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stanchart-tanzania-celebrates-steady-growth-in-gender-equality\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stanchart-tanzania-celebrates-steady-growth-in-gender-equality\",\"name\":\"StanChart Tanzania celebrates steady growth in gender equality - 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