Gender Equity Imperative for Sustainable Business Growth—Interswitch

March 12, 2023
Interswitch sustainable business growth

By Modupe Gbadeyanka

The Chief Human Resources Officer of Interswitch, Mr Franklin Ali, has emphasised that for sustainable business growth, organisations must embrace gender parity.

Mr Ali made this submission at an event hosted by the company for its employees as part of celebrations to mark the 2023 International Women’s Day (IWD).

At the engaging evening of networking, discussions and product exhibitions, Mr Ali said, “International Women’s Day is not only an opportunity for us to reflect on the progress we’ve made towards gender equality but also to celebrate and appreciate the phenomenal women in our organization who have contributed immensely to the growth of Interswitch with their unwavering commitment.

“Achieving gender equity is not only a plus for the society as a whole, but also an imperative for sustainable business growth. It is important to note that a diverse and inclusive workplace leads to better decision-making and increased innovation, which in turn improves our customer experience.”

Further, in line with the 2023 IWD theme, Embrace Equity, the event included a panel discussion that dissected ways in which individuals, organisations, businesses and governments can support the push for gender balance in today’s world.

Speakers on the panel also recognised that a diverse and inclusive workplace is essential for the growth of female employees and the business at large.

“By creating a work environment where everyone feels valued and included, organisations can tap into the full potential of its employees and better serve its customers,” the founder and CEO of Gush Lifestyle, Ms Deborah Odim, said.

While admitting that women are achieving outstanding feats across many fields, the panellists called out the need for more recognition and support for womenfolk.

According to the founder and CEO of Healthtracka, Ms Ifeoluwa Dare-Johnson, “70 per cent of women make up the global healthcare workforce, while only 6.7 per cent of funding goes to female-owned healthcare businesses, undermining their capacity to build businesses.”

Other notable female entrepreneurs who made up the panel were the founder and CEO of Nuban Beauty, Ms Stella Ndekile; and the founder and CEO of MH Worklife, Ms Blessing Adesiyan.

To wrap up the panel session, women were encouraged to emulate the qualities of other great women who have made a mark on society and to strive for the best in their various endeavours.

Highlighting the company’s commitment to gender diversity and inclusion, in 2022, Interswitch emerged as one of Nigeria’s top five leading companies in Diversity, Equity, and Inclusion (DEI), according to a report by an advisory consulting firm, Hofstede Insights.

Each year, International Women’s Day takes place on the 8th of March to celebrate the cultural, political, and economic achievements of women globally and to also re-echo the call for gender balance and inclusion.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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