GTI: 23% women hold senior management positions in ArmeniaMarch 11, 2011 - 17:43 AMT PanARMENIAN.Net - Research from the 2011 Grant Thornton International Business Report (IBR) reveals that 23% women hold senior management positions in Armenia against last year’s 29%. The results of the survey show that women currently hold 20% of senior management positions globally, down from 24% in 2009, and up just 1% from 2004. In its quarterly survey of privately held businesses (PHBs) Grant Thornton also found that the percentage of PHBs that have no women in their senior management has risen to 38% compared to 35% in 2009. Across the world, Thailand boasts the greatest percentage of women in senior management (45%), followed by Georgia (40%), Russia (36%), Hong Kong and the Philippines (both 35%). The countries with the lowest percentages are India, the United Arab Emirates and Japan where fewer than 10% of senior management positions are held by women. Of the companies that employ women in senior managerial positions globally, 22% employ them in financial positions (e.g. Chief Financial Officer/Finance Director). This is followed by Human Resource Director (20%), Chief Marketing Officer and Sales Director (both 9%). Globally just 8% of companies with women in senior managerial positions have a female Chief Executive Officer (CEO). However the story is different in Asian economies, Thailand leads the way with 30% of companies employing female CEOs, followed by mainland China (19%), Taiwan (18%) and Vietnam (16%). Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |