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Maybank Sustainability Report
2014
Gender Equality
We have put in place concrete measures to accelerate our gender diversity
and have exceeded global benchmarks. In 2014, women in the workforce at
Maybank stood at 58%. Women representation in management positions
have grown from 38% in 2009 to 46% in 2014. Women in Top Management
Position increase from 15.68% in 2009 to 31% in 2014.
One of our strategic aims is to focus on driving greater diversity on the
leadership bench. Women in the succession planning pool for critical positions
increased from 19% in 2010 to 35.1% in 2014. In real numbers there was a
marked increase of 168 individuals in 2013 to 264 in 2014. This improvement
can be attributed to our targeted diversity initiatives.
One significant initiative implemented in late 2013 was the launch of our
Women Mentor Women (WMW) programme that paired 35 women mentees
with mentors from senior management. We also launched the Group
Inclusiveness and Diversity Agenda (GIDA) Framework in March 2014.The
Group will continue to ensure the GIDA Framework guides the right efforts to
enhance inclusiveness and diversity for all its stakeholders.
The women’s agenda in Maybank is executed through the Maybank Women
Mentor Women Council and it aims to increase the number of women in top
management. The Council works within the current structure of the Bank to
increase representation of women in top management and has 5 targets to
deliver in 2015. The targets include the successful appointment of qualified
women into a minimum of 30% of managerial position vacancies in the year,
and also breakthroughs in business derived from insights on women, for
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Percentage of Women in Top Management (2011-2014)
22.7%
31%
31%
31%
2011
2012
2013
2014
Percentage
Year
Employment based on Age Group
< 30
< 30 - 40
< 40 - 50
> 50
8%
28%
38%
26%
Representation of women
in management
From
38%
2009
46%
2014
2014 Goals
Progress
Peformance Moving Forward
Increase the diversity in our workforce,
especially the number of women
in leadership positions. Increase
multicultural awareness within the
organisation.
With the launch of specific frameworks
and initiatives like the Maybank Women’s
Mentor Council, we continued our efforts in
supporting diversity at workplace.
þ
We are committed to further increase number
of women in management, and will continue
to track our results. As we grow regionally,
we will increase the training on multicultural
awareness.
Inclusivity is embedded in our culture: we value and respect diversity and differences. We believe that diversity in workplace is essential for our future growth and
recognise the value in working with people from different backgrounds.
Diverse and
InclusiveWorkplace
G4-LA12
t
On track/Completed
t
Progressing
t
Not on track/Did not complete