Women working in business and finance came together to discuss change and the future of the financial services industry at a day-long event hosted by Saint Mary's University's Sobey School of Business.
"Canadian businesses know the benefit of diversity, achieving gender parity and the risk of not doing so," says Karn Nichols, the event organizer and manager of Career Services with the Sobey School of Business. "This event is about building a more equitable and inclusive field in financial services and helping to support all women by building community."
The event, Women in Financial Services: Making Change, reflects the history and the future of women in the financial services industry. The early history of the sector often limited women to teller windows, cashing cheques and literally making change. At the same time, their male colleagues leapfrogged to corner offices and roles in wealth management, capital markets and commercial lending. Today, the value of diversity is proven to add value for all stakeholders and add trillions to North America's gross domestic product (GDP). Banks and other financial services companies are actively recruiting women to help them make change, by taking on non-traditional roles, moving into C-suite leadership, offering their talent in developing and programming fintech, and building support for entrepreneurs and venture capital.
"The Sobey School of Business has always valued and supported initiatives that contribute to our understanding of important issues like increasing diversity and representation in business," says Dr. Harjeet Bhabra, dean of the Sobey School of Business. "I am very pleased that we are taking a leading role in this area and would like to thank everyone involved in organizing this event, for bringing our community together during challenging times to discuss the importance of diversity and representation."
At the event, participants heard from diverse voices and actively participated in workshopping solutions to boost and improve women's representation and increase diversity throughout financial services, including the C-suite and the board room. Participants also had the opportunity to connect with potential mentors or mentees.
The event featured three streams of interactive workshops on women and diversity in financial services, women, fintech and venture capital financing, and corporate social responsibility in finance. The keynote speaker was Catherine Philogène, CIM, RIPC, Vice President, Product Management, RBC Global Asset Management Inc.
For more details on the event, the keynote speaker, panelists and more, visit https://smu.ca/sobeywib/ .