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Contact:
Karen Miller
+1.212.556.3149
New York, New York – Girls’s World Banking celebrates its 40th anniversary at the moment in New York, recognizing its wealthy historical past in constructing financial safety and prosperity for greater than 30 million low-income ladies around the globe. Throughout the night occasion, Girls’s World Banking will honor White & Case, Citi, and Dr. Jennifer Riria for his or her great assist of Girls’s World Banking and management in ladies’s monetary inclusion.
The concept for Girls’s World Banking got here out of the 1st World Convention on Girls held in Mexico Metropolis in 1975. Three visionary leaders, Michaela Walsh, Ela Bhatt, and Esther Ocloo recognized entry to finance as a key barrier for girls to turn into full financial actors all through the world. 4 years later, Girls’s World Banking was established with Michaela Walsh as its first President.
“During the last 40 years, our dedication to making sure low-income ladies have the monetary instruments and providers to construct financial safety for themselves and their households has been unwavering,” stated Mary Ellen Iskenderian, President and CEO of Girls’s World Banking. “As we speak, our work is as related as ever as ladies nonetheless face persistent obstacles to accessing and utilizing well-designed monetary merchandise that meet their particular wants.”
The night program will characteristic displays from Girls’s World Banking’s historical past, together with highlights from its management & variety packages, Capital Markets work, new merchandise, women-centered design expertise and analysis and insights from work in additional than 30 nations.
“Our work wouldn’t be potential with out the passionate and resolute employees, board, funders and advocates which have supported us all through our 40-year historical past,” continued Mary Ellen Iskenderian. “I’m notably happy to be honoring Dr. Jennifer Riria, White & Case, and Citi for his or her vital contributions to Girls’s World Banking’s impression on ladies, communities and economies.”
Dr. Jennifer Riria is the Group CEO of Echo Community Africa, founding member of Kenya Girls Holding and Kenya Girls Finance Belief and former Board Chair of Girls’s World Banking. Her visionary management has made her certainly one of Africa’s main entrepreneurs whereas her dedication to ladies’s monetary inclusion has earned her worldwide recognition.
White & Case is a pioneering international regulation agency that delivers outcomes for well-established banks and companies, in addition to start-up visionaries, governments and state-owned entities. In 2018, White & Case’s international professional bono follow supplied greater than 120,000 hours of authorized providers targeted on entry to justice, selling the rule of regulation, and serving organizations with social and environmental missions. Girls’s World Banking has been a recipient of White & Case’s professional bono authorized providers since our founding.
Citi has been acknowledged because the World’s Finest Financial institution for Monetary Inclusion. Citi’s Inclusive Finance Workforce has additionally been instrumental in offering financing of micro and inclusive finance establishments to multiple million ladies debtors around the globe, exhibiting that serving the underbanked is optimistic for enterprise development.
Girls’s World Banking’s 40th anniversary is generously supported by Citi, Boston Consulting Group, White & Case, ExxonMobil, and Oliver Wyman. Girls’s World Banking’s work is made potential by the beneficiant assist of our core funders: Australia’s Division of International Affairs and Commerce and Sweden’s Worldwide Improvement Cooperation Company.
ENDS
Girls’s World Banking designs and invests within the monetary options, establishments and coverage environments in rising markets to create better financial stability and prosperity for girls, their households, and their communities. With a world attain of 53 companions in 32 nations serving greater than 30 million ladies purchasers, Girls’s World Banking drives impression by its scalable, market-driven options; gender-lens personal fairness fund; and management and variety packages.
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