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Advancement of Women
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| Year |
Accomplishment |
| 1961 |
First Canadian bank to appointment women as branch managers – two on the same day. |
| 1993 |
Task force on the advancement of women created by Chairman and CEO Peter Godsoe to investigate why so few upper management positions at the Bank (less than 7%) are held by women. Findings lead to an increased focus on merit-based advancement and greater workplace flexibility. |
| 2003 |
Revitalized Advancement of Women (AoW) initiative launched by President Rick Waugh to address barriers to women’s advancement at the Bank. Women hold 18.9% of senior management positions in Canada, lagging the other banks. |
| 2006 |
The number of women in senior management positions rises to 31% at year end. |
| 2007 |
Received 2007 Catalyst Award for results achieved in improving the advancement of women. AoW initiative is extended to Scotiabank’s global operations. |
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