Grant Thornton International: Women Hold 29% Of Senior Management Po

GRANT THORNTON INTERNATIONAL: WOMEN HOLD 29% OF SENIOR MANAGEMENT POSITIONS IN ARMENIA

ARKA
March 18, 2009

YEREVAN, March 18. /ARKA/. New research from Grant Thornton
International reveals that in Armenia 29% of senior positions are held
by women, being the 9th country in the league, Grant Thornton Amyot
(GTA) reports.

Lilit Arabajyan, partner in Grant Thornton Amyot, the Armenian
member of Grant Thornton International, says, "During the past
decade we have seen a significant increase in women’s role in
various organizations. Today many women occupy managerial positions
in businesses. The results of this survey only show that there has
been an increase of 7% in women’s managerial share in 2009 in Armenia,
as compared to 22% of the year 2007.

As an audit partner in the leading audit and advisory company in
Armenia, I work with many large enterprises every year and have
hardly met a management team composed of only men. In our firm, 51%
of staff are women, among whom 11 persons occupy managerial positions".

The report says women still hold less than a quarter of senior
management positions in privately held businesses globally. 24% of
senior management positions are currently held by women – a figure
identical to 2007 and only a marginal improvement from 2004 when only
19% of senior level positions were held by women. 34% of privately
held businesses globally have no women in senior management.

" The greatest percentage of women in senior management is in the
Philippines where women hold 47% of senior positions. They are followed
by Russia (42%) and Thailand (38%).

The lowest percentage continues to be in Japan (only 7%). Also
appearing low down the league table are Denmark (13%) and Belgium
(12%)."

Women have become most successful in increasing their share of senior
management roles in Turkey (up from 17% in 2007 to 29% in 2009)
and Mexico (20% in 2007 to 31%). The biggest falls were in Brazil,
where the figure fell from 42% in 2007 to 29% in 2009, and Hong Kong
(falling from 35% in 2007 to 28% in 2009).