Female CEOs in charge of BIHL
The World Economic Forum has estimated that at current levels of progress, the gender gap will not entirely close until the year 2133 – 117 years from now.
Botswana Insurance Holdings Limited (BIHL) Group, has however seemingly sought to speed up the process of gender parity with the recent appointment of three female Chief Executive Officers to head the umbrella and some of its subsidiaries.
And as the world marked International Women’s Day on Tuesday these three women were already in their new offices.
Catherine Lesetedi-Letegele was appointed BIHL Group chief executive officer effective March 1 while Bilkiss Moorad was appointed Botswana Life CEO also effective same date.
Neo L. Bogatsu is now Botswana Insurance Fund Management (BIFM) CEO effective December 2015.
Commenting on her appointment and International Woman’s Day celebrations, Bilkiss said: “All across the world there is increasing promise, prosperity and freedom for women. As we celebrate International Women’s Day lets help women and girls achieve their ambitions.”
Her counterpart, Bogatsu said she was humbled to have taken on the role of Bifm CEO.
“As Botswana’s oldest and leading fund manager, Bifm continues working to transform lives through dynamic wealth management, carving a sustainable future for many. A focus on sustainable impact continues to drive us today, be it for larger institutional investments or retail investments that allow the average Motswana an option for investment as with Unit Trusts. We are unwavering in our commitment towards growing the wealth of Batswana.”
Meanwhile, this year’s International Women’s Day was held under the theme –Planet 50/50 by 2030: Step it up for Gender Equality, which seeks for gender balanced leadership, the development of more inclusive and flexible cultures and rooting out work based bias.
The Pledge aims to inform and educate on the importance of gender parity to economic prosperity.
Increased profitability, ROI (Return on Investment) and innovation have all been linked to increases in women among senior leadership.
And while all these appointments have been made based on merit, they nonetheless represent the groundbreaking steps that BIHL have taken to narrow gender disparity within their organization.