Monday, July 25, 2016

Here's why firms across sectors are hiring women in key finance leadership roles - INDIA TIMES

by Ratna Bhushan
Originally published:  July 25, 2016
Publisher: Economictimes.indiatimes.com

Are women better to trust your money with? Well, an increasing number of companies seem to think so, going by a recent spurt in women taking over key finance roles in firms across sectors. 

When Coca-Cola announced Sarvita Sethi as its first woman finance head last week, it reinforced a new trend among big corporations including Hindustan Unilever, PepsiCo, Puma, Aditya Birla Group, Vedanta, Castrol and EMC. "There is an ask now for women at top financial jobs," said Uday Chawla, managing partner at executive search firm Transearch. He said over the last few years his company for the first time has had mandates from multinationals preferring women candidates for finance roles  at the CXO level. 

"Women leaders bring diversity of thought and approach which helps to embrace new ways of working," said PB Balaji, executive director for finance at Hindustan Unilever that has three women in key finance leadership roles.