Minister presents international diversity award to BNZ
Minister of Women’s
7 March 2013
international diversity award to BNZ
Affairs Minister Jo Goodhew has today presented the
inaugural UN Women’s Empowerment Principles Benchmarking
for Change Award to Andrew Thorburn and the Bank of New
The Benchmarking for Change award recognizes a
company for embedding accountability to achieve gender
equality through meaningful metrics, indicators, and
reporting to track and monitor the inclusion of women at all
levels of the company's operations.
“BNZ and its
Managing Director and Chief Executive Officer, Andrew
Thorburn, have been recognized for their comprehensive
approach towards tackling what they identified as their
biggest challenge – to increase women’s representation
at middle to senior leadership and management,” said Mrs
“Setting transparent targets for the Executive
Team’s own performance proved to be a key strategy to
break barriers so that women reach senior management and are
significantly represented in professional pipeline.
“BNZ established an effective and far-reaching
Diversity Council to set strategic priorities, oversee
performance and create clearly understood career pathways.
This resulted in women making up 42 per cent of an
identified talent cohort from which senior management will
emerge, along with women’s representation at senior levels
reaching nearly 50 per cent.
“Getting more women into
leadership positions across New Zealand is one of my
priorities as Minister of Women’s Affairs. I congratulate
Andrew and the BNZ team on their receipt of this award and I
look forward to working with them to share their experience
with other New Zealand companies.”
BNZ’s Head of Engagement, was in New York to accept the
award on behalf of Andrew Thorburn and BNZ.
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