Women’s to Head 2018 World Economic Forum
The World Economic Forum, which is a global organisation for public-private cooperation and was set up in 1971 as a not-for-profit foundation, hosts its annual meeting in Davos each year in January.
The 2018 WEF will be chaired exclusively by women, including International Monetary Fund director Christine Lagarde and India’s Chetna Sinha.
It’ll be the very first time in Geneva-based WEF’s almost five-decade record that its Davos meeting will have all women co-chairs.
The WEF, which has been criticised in the past for having fewer women leaders, said the co-chairs represented both the public and private sectors international organisations, organised labour, academia and technology as well as the civil society.
“They will give a strong voice to all elements of society, guaranteeing a multi stake hold method of the programme and eventually the impact of the Total annual Meeting 2018, “the organisation said”.
Apart from Lagarde and Sinha the panel will include Norwegian Prime Minister Erna Solberg, IBM chief Ginni Rometty, International Trade Union Confederation general secretary Sharan Burrow, CERN director-general Fabiola Gianotti and ENGIE chief executive Isabelle Kocher.
Sinha is a social entrepreneur, a microfinance banker, an economist, a farmer and an activist who has been working with marginalised areas since 1986. She actually is also the founder and president of Mann Deshi Mahila Bank and Mann Deshi Foundation.
Sinha has partnered with global organisations to build up corporate community partnership programmes that permit the corporate sector in the United State and Europe to gain a distinctive view of the impact that microfinance initiatives have on the local rural population.
Gianotti was the first female director-general of the European Organization for Nuclear Research (CERN) previous year, while ENGIE’s Kocher is the first Frenchwoman to lead a company in Paris’s CAC 40 stock market benchmark index.
More than 3,000 global leaders, including 100 CEOs and many government officials will gather at the Swiss Alpine town from January 23-26 to exchange views on ‘creating a shared future in a fractured world’ — WEF’s 2018 theme.
“Creating a shared future in a fractured world requires responding to issues on the global agenda in a comprehensive, interconnected and future-oriented way,” WEF’s founder and executive chairperson Klaus Schwab said. The decision was announced soon after the organisation warned before this month that the global gender difference was now widening following a decade of sluggish improvement and gender equality had not been expected to materialise until 2234.