Gordon Nixon, chief executive officer of Royal Bank of Canada, is being recognized this year by research firm Catalyst for championing women in business, reports Bloomberg News.
"Catalyst, an organization founded in 1962 to advance and support female executives in business, said Royal Bank under Nixon 'has consistently shown leadership across all industries in the representation of women and visible minorities.'"
"Nixon established a council at the bank after becoming CEO in 2001 to oversee diversity efforts across the Toronto-based company, including increasing the amount of women and visible minorities for senior roles, Catalyst said this week in a statement. Women comprise 65 per cent of Royal Bank's Canadian workforce and 37 per cent of the firm's executives."
"Nixon said that Canada is 'absolutely' ready for its first female bank CEO."
"'Not only will Bay Street be ready for it, they'd welcome it,' Nixon said, referring to the Toronto street that serves as the financial hub for Canada. 'We're now getting more and more women in the senior ranks of companies.'"
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Original source: Bloomberg News