Stop Gender Discrimination in EU Banking
The European Central Bank is discriminating against women, plain and simple. There are no women on the governing body and the next appointment to that body won't be until 2018. And there's never been a woman in top leadership.
Putting women in positions of leadership has many benefits in the banking industry. There is the obvious question of fairness, but women also run more efficient banks, banks that are surer against the vagaries of the economy. In Iceland, the only bank that weathered the banking crisis in good form was also the only women-run bank. More women in leadership could also inform the bank's policies to empower more women economically through its lending and other policies. Please join me in asking the European Central Bank to set a goal of women in 25 percent of leadership positions by 2020 and to appoint a woman to the governing body in 2018.
Dear European Central Bank:
It has come to my attention that women have virtually no say in the policies and leadership of your institution. We have to look no further than the Icelandic bank melt down to see how dangerous and short-sighted it is to have exclusively male leadership on banking. Men take too many risks with other people's money. Women want to understand an investment and are unlikely to invest in something that hasn't been spelled out to their satisfaction. This conservative approach benefited the one woman-run bank in Iceland, the one that survived the crisis without catastrophe. Please set a goal of women in 25 percent of leadership positions by 2020 and to appoint a woman to the governing body in 2018.
