ACCA's Women in Finance expands its mission across the regio...| MENAFN.COM

Wednesday, 22 March 2023 04:26 GMT

ACCA's Women in Finance expands its mission across the region


(MENAFN- Sheila Tobias) Women in Finance celebrates its launch in Oman, with further events in Saudi Arabia and Bahrain planned alongside a UAE event on March 18


Dubai, UAE; February 9, 2023: The Association of Chartered Certified Accountants’ (ACCA) Women in Finance program has recently reached a new milestone with its successful launch in Oman. The initiative seeks to support women at every stage of their careers through providing a framework of guidance, education and enabling access to higher finance positions within the corporate world.

ACCA believes that culture change requires sustained engagement to keep conversations alive, a cornerstone necessary for any cultural shift towards progressiveness and advancement. The recently-concluded launch in Oman saw Fatma Al Balushi, Deputy Director General at the Oman Authority for Academic Accreditation and Quality Assurance of Education, giving a keynote address on 'Lessons from Business Legends.' A panel including representatives from the Ministry of Finance, Grant Thornton, OQ Oman Petroleum Development, and Majan University College, discussed 'Breaking Barriers & Excelling at Work' during an interactive Q&A session with 55 attendees present. The occasion provided an important opportunity for members of ACCA Middle East to meet with the Oman Member Advisory Committee, as well as key local employers and newly ACCA-approved firms.

Fazeela Gopalani, Head of the Middle East at ACCA said, "With Women in Finance, ACCA is leveraging the momentum of the UAE’s gender balance agenda to expand women’s participation in leadership roles to 30% by 2025. We aim to increase the representation of women in the workforce, which stands at 25% compared to the 50% global average across the Middle East. While the number of women in finance is growing in the region, it is still far below an even representation. More must be done to ensure that the number of women entering the finance profession continues to grow. This underlines ACCA's commitment towards socioeconomic development by empowering talented female professionals within the financial sector, thus leading as an example for more countries worldwide."

Following this latest milestone, ACCA is extending its mandate to increase the number of women in the accounting and finance professions in other parts of the region, with Women in Finance launching in Saudi Arabia and Bahrain in the coming months. Meanwhile, Women in Finance will return to Dubai on March 18, in partnership with the Institute of Management Accountants (IMA), to build on the success of the program of panels, networking opportunities, and seminars held throughout the past year.


Since its launch in Dubai last year, the year-long program has teamed up with leaders from across the region to deliver information, knowledge, and learning opportunities through talks, webinars, online resources, and networking events. As part of its WIF mandate, ACCA collaborates with UAE government entities including Telecommunications and Digital Government Regulatory Authority Smart Government, ADNOC and Abu Dhabi Global Market Academy on programs that empower more women into senior leadership positions. This collaboration mirrors ACCA's mandate and the UAE’s goals for gender equity.

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Sheila Tobias

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