In July 2012 Valore D, the Italian association of businesses to support the talent of women, launched “In the Boardroom”, a programme to select and train the best Non-Executive Directors.
In the Boardroom was designed by Valore D, with the support of GE Capital, at the initiative of Linklaters and Egon Zehnder, our Firm. Together with Linklaters, we selected and provided all key faculty members.
In The Boardroom was meant to select and promote “Ambassadors of Merit“, ready to change Italy’s corporate governance for the better, as a result of the huge opportunity represented by a super modern law (that came into effect in 2012) fostering gender diversity in the boardroom (read here for the beneficial effects of this law).
Italy is today a positive example of an improving corporate governance in Europe and beyond. Women as a crucial factor of positive change have given such a strong contribution to this that we are well beyond the turning point.
On 20 and 21 November 2015, we celebrated the conclusion of In the Boardroom, which was launched in July 2012. Ever since, it has helped well over 500 talented women prepare for the role of Non Executive Director.
Of those, a significant number are now Non-Executive Directors.
I feel humbled by the exceptional contribution of so many talented women. They have set the example for everyone in terms of dedication, willingness to prepare for roles where now merit and competencies have replaced “word of mouth” as a key to rigorous selection. Women mean merit, competence and better corporate governance. In summary, more women in leadership means huge change for the better.
The next step is now to continue to work to foster the benefits of gender diversity, and diversity at large, also when it comes to executive positions. “In The Boardroom” has been an exceptional factor and its effects will be felt for many years to come.