Bank Of Baku

Davos imposes gender quota

Davos imposes gender quota
# 13 January 2011 15:37 (UTC +04:00)
Baku - APA-Economics. Each year, prime ministers, bankers, business tycoons and other movers and shakers of the global elite gather at the World Economic Forum (WEF) in the Swiss Alpine town of Davos. And each year, one key thing has been missing: women, The Guardian reported.

Now, in an attempt to improve the traditionally dismal gender balance at this month’s event, which starts a week next Tuesday, the WEF has for the first time imposed a minimum quota of women.

The forum’s "strategic partners" – a group of about 100 companies including Barclays, Goldman Sachs and Deutsche Bank – have been told they must bring along at least one woman in every group of five senior executives sent to the high-profile event. Strategic partners account for 500 of the 2,500 participants expected this year at a gathering where David Cameron will rub shoulders with the Russian president, Dmitry Medvedev, historian Niall Ferguson, UN secretary general Ban Ki-moon, at least one member of the Saudi royal family and countless business supremos and members of the academic elite.
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