BLC Bank, first Bank in the MENA region to win the Women’s Empowerment Corporate Leadership Award 2012 from TNE (The New Economy) - February 2013
BLC Bank, first Bank in the MENA region to win the Women’s Empowerment Corporate Leadership Award 2012 from TNE (The New Economy) With selection criteria such as CSR and sustainable commitments, efforts to foster inclusion in business, economic advocacy and social conditions that provide opportunities, etc., The New Economy magazine granted BLC Bank the Women’s Empowerment Corporate Leadership Award for 2012.
The New Economy’s (TNE) awards have been taking place for the last four years with more than 1,000 organizations being awarded. They have recently launched the 1st edition of the TNE Women’s Empowerment Corporate Leadership Awards with winners from countries all over the world such as L’Oreal, Coca-Cola, Qtel Group, Goldman Sachs, Wesptac, PWC, Cartier etc.
BLC Bank’s WE Initiative was the main reason of selection, being a program committed to women's empowerment, fostering social, economic and cultural change through developing internal and external programs to become the Bank of choice and the employer of choice for Lebanese women. BLC Bank is also the First Bank in the MENA region to commit to the UN Women/UN Global Compact Women's Empowerment Principles – Equality Means Business, a set of seven principles for business offering guidance on how to empower women in the workplace, marketplace and community; to become a member of the Global Banking Alliance for Women; and to create a unit exclusively dedicated to supporting and serving women.
BLC Bank’s Chairman Maurice Sehnaoui said: “I am very proud of the initiative that aims at empowering women and contributing in the journey of women to enhance their financial performance. We, as a bank, employees, agents, investors and society at large, are concerned with providing a fair and healthy environment for enhancing the concept of equality between men and women. Our value proposition to our target audience, being women, is that we recognize, and indeed it should be recognized, that women have high potential equal to that of men, and we are ready to provide them the right opportunities to achieve their ambitions.” Mr. Raoul Nehme, BLC Bank’s General Manager, stated that:
“The Women’s Empowerment Corporate Leadership Award 2012 for Lebanon is a drive for BLC Bank to continue in striving to better understand and serve women in the MENA region, and also persisting in conceiving and implementing programs that contribute to better build their capacity.”