- New executive program to prepare women leaders for Board positions through industry/academia dialogue and mentorship opportunities
- Live virtual classrooms by international academicians, EY subject matter experts and veteran Board Chairs and Directors from India Inc.
- Formal recognition of Professional Leadership Development by EY and ISB Executive Education
- First cohort commences on 12 May 2022
New Delhi/Mumbai 17 March 2022: As a part of its Women. Fast forward initiative and commitment to the global agenda of Diversity, Equity, and Inclusion (DE&I), EY has collaborated with the Indian School of Business (ISB) Executive Education to launch Executive Program on Board Effectiveness to prepare women professionals to succeed in the boardroom.
The Companies Act 2013 mandates at least one women director on the Board. The EY-ISB Executive Education program focuses on high-potential women leaders making them ready for an effective presence as a new or first-time director of the Board by providing mentorship and networking opportunities. Women held 17.3% board positions in India against 24% globally, according to a latest report by Credit Suisse.
Pankaj Dhandharia, Partner & Markets Leader, EY India, said, “Today’s volatile business environment has presented new risks and priorities for the Boards. Diverse boardrooms have become critical to decision-making, upholding corporate governance, and driving the long-term goals of organizations. The EY-ISB Board Effectiveness program will provide a nurturing platform to women leaders to become Board ready and contribute in a meaningful way.”
To deliver the program, EY has collaborated with ISB Executive Education’s strength for its globally-renowned faculty, research-backed pedagogies, and peer-based learning. The program integrates industry expertise with research-focused academic knowledge, which will enable the women leaders to cater to the unique set of responsibilities as a director. It will familiarize them with the detailed regulatory, industry, and financial dynamics that impact board decisions and provide them networking opportunities with a diverse and accomplished peer group.
Aashish Kasad, India Region Diversity & Inclusiveness Business Sponsor, EY India, said, “The Executive Program on Board Effectiveness is most suited to women executives of public, private, government and non-profit organizations, leaders from institutional investment community seeking directorship roles; and women from family businesses and controlling shareholders of family enterprises. This program gives aspiring women leaders access to advance their knowledge, practical insights and experience from world-class faculty members of a top B-School and veteran Board members.”
The program will follow a selection process based on each applicant's professional role and success. Several factors will be considered, including but not limited to:
- Proven experience in people management and leadership potential
- Quality and quantity of work experience
- Evidence of professional success
- Motivation to participate in the program and the ability to benefit from it
- Ability to cope with the rigor of the program
The program comprises 10 virtual sessions spread out over 5 weeks with 2 sessions per week. The limited batch size of 25 participants will ensure that the modules are delivered in a high-quality manner. The program costs and course materials are included in the INR 2,50,000 plus GST program fees.
Read more about the program at Executive Program on Board Effectiveness for Woman | EY - ISB
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Notes to Editors
About EY’s Women Fast Forward
Women. Fast forward seeks to empower a diverse workforce by enabling women and girls to reach their potential through education, mentorship, innovation and entrepreneurial opportunities. Creating a workforce that will support the closing of the gender gap and nurture an environment where everyone is able to become architects of the transformative age.
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