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Financi’Elles reveals the results of the first Consultation about confidence of executive women working in the finance sector
On the 14th of December 2011, Financi’Elles* officially announced the results of the first Consultation about confidence of executive women working in the Finance sector, Banking and Insurance. The results were revealed in AXA, where Henri de Castries, AXA’s CEO welcomed around 200 guests.
Henri de Castries, AXA’s CEO
The Consultation was launched in September with 86 000 executives, men and women. The participation rate was 33%, which represents 28 380 participants, among them 54% of women.
The results were delivered in partnership with the CSA Institute and Adequation, and with the support of the eight companies’ head offices which participated to the Consultation.
The statistics show a general feeling of confidence among the women. However, it appears that the more the seniority is important, the less this feeling tends to be shared.
A change dynamic is well and truly moving, but it still stays insufficient for 70% of women. When it comes to men, they are convinced at 60% that women’s situation have been evolving for two years.
If women represent half the finance world manpower, they are only 10% to reach director positions. The Finance sector is still widely governed by men.
Nevertheless, he survey shows an unanimous willing to make the famous “glass ceiling” fall. More than ever, men and women are conscious of the necessity to have a bigger diversity within the companies. 91 % of women and 67% of men agree in saying that diversity enables a better stability and regulation.
The objective to reach is now to incite HR managers to put in place operational processes in order to insure diversity in the decision authorities.
The atmosphere was warm, participative and reactive. The results given were followed by a round table, with Nicolas Moreau, AXA’s CEO; Pierre Deheunynck, Crédit Agricole SA’s HR Manager; François Dupuy, Sociologist; Jean-Paul Betbèze, Economist and Nathalie Rachou, Topiary Finance’s Founder. Frédéric Oudéa, Socété Générale's CEO, et Frédéric Lavenir, BNP Paribas's Head of Human Ressources were present too.At the end of the day, the guests had the opportunity to share their impressions around a cocktail party.
The Association BNP Paribas MixCity will have the pleasure to present you the Consultation’s results soon.
*Financi’Elles is a sector-based federation of executive women internal networks created in June, 2010. Financi’Elles was created from the initiative of the Association BNP Paribas MixCity & Féminin by SG. It regroups the formal and informal women networks of eight companies from the sector (AXA, Barclays, BPCE, BNP Paribas, Caisse des Dépôts, Crédit Agricole CIB, Crédit Agricole S.A, HSBC et Société Générale)
The Medias took an interest in this Consultation
The Medias took an interest in the results of the Consultation about confidence of executive women working in the Finance sector, Banking and Insurance:
La Tribune, Le Point, 20 Minutes, TF1 news, l’Express, Europe 1, and so on underlined that only 47% of executive women from the finance sector feel they are treated equally with men.