(Frankfurt, September 30, 2013) – Fifty women board directors and executives opened the Deutsche Börse today to salute German women’s contributions to the country’s economy as well as the country’s commitment to increasing women’s access to corporate leadership. Brought together by Corporate Women Directors International (CWDI), a Washington, DC-based organization which researches and promotes women on boards globally, in partnership with Egon Zehnder International, the Market Open was followed by a Forum on Board Diversity featuring Daniela Weber-Rey, Chief Governance Officer and Deputy Global Head of Compliance for Deutsche Bank, member of the German Corporate Governance Code Commission and a former Board Director of BNP-Paribas.
“German women, whether they are CEOs, executives with multinational corporations, or entrepreneurs of businesses large or small, play a major role in the country’s economy,” states CWDI Chair Irene Natividad. “We are pleased to bring them together to salute their achievements and to discuss what more can be done to increase the number of women in leadership positions,” she adds.
Joining Ms. Natividad for the Market Open were Deutsche Boerse’s Managing Director of Cash Market Martin Reck and Deutsche Bank’s Daniela Weber-Rey. Women corporate leaders also participating in the Market Open include SAP’s Senior Vice President Anka Wittenberg, Lufthansa Senior Vice President for Corporate Human Resources Ria Hendriks, Deutsche Telekom’s Former Senior Vice President Maud Pagel and Hamburg-Koln-Express CEO Eva Kreienkamp, among others. At the Discussion Forum, Ms. Natividad shared the results of CWDI research on women board directors of the 200 largest companies globally, while Ms. Weber-Rey lent her perspective on the situation in Germany from her view as a corporate executive, a Board Director and Corporate Governance Commission Board Member.
A recent report from FidAR shows that 17.4% of Supervisory Board seats of the 160 largest listed companies in Germany are filled by women, a figure just above the European Union’s average of 16% of board directorships held by women in the blue chip companies of the 27 EU countries, and surpassing the U.S. Fortune 500’s current average of 16.6% women directors.
Today’s event marked the 12th Market Open organized by CWDI. Other openings have taken place with women business leaders at NASDAQ in New York, the Toronto Stock Exchange in Canada, the Johannesburg Stock Exchange in South Africa, the Istanbul Stock Exchange in Turkey, the Madrid Stock Exchange, the Barcelona Stock Exchange of Spain, the Warsaw Stock Exchange of Poland, the Sao Paolo Stock Exchange in Brazil, the Hong Kong Stock Exchange, the Six Swiss Exchange in Zurich, and the Bursa Malaysia in Kuala Lumpur.
Corporate Women Directors International (CWDI) promotes the increased participation of women in corporate boards globally, fosters national and international networks to link women directors, and seeks to hone directors’ skills in corporate governance. To provide baseline information from which women’s progress on corporate boards can be measured, CWDI has conducted research internationally since 1996 to identify women corporate board members in Australia, Canada, Japan, South Africa, Spain, and the United States, as well as regional and global reports covering top companies and their record on board diversity. CWDI has also issued industry-specific studies resulting in 21 reports in 17 years. In addition, CWDI has held roundtables on corporate governance in several cities globally for women directors and executives. The most recent brought together business and government leaders convened with the World Bank in Washington, DC, to share board diversity initiatives from several countries. For more information about CWDI or its publications, please contact Corporate Women Directors’ Washington, D.C. headquarters firstname.lastname@example.org.
About Deutsche Börse:
Deutsche Börse is one of the world’s leading exchange organizations providing investors, financial institutions and companies access to global capital markets. The exchange covers the entire process chain from securities and derivatives trading, clearing, settlement and custody, through to market data and the development and operation of electronic trading system. Deutsche Börse has approximately 765 listed companies with a combined market capitalization of 1,185 trillion USD.