New York, January 23, 2025 – Ladies’s World Banking is thrilled to announce an thrilling partnership, aligned with our mission to advance Gender Lens Investing. After six years of impactful work, Ladies of the World Endowment (WoWE) has joined forces with, and transferred its property to, Ladies’s World Banking.
Ladies of the World Endowment was created by Persistence Marime-Ball with a daring imaginative and prescient that was dropped at life by means of the beneficiant help of Dr. Ruth Shaber and different donors. Collectively, they aimed to shift the paradigm of capital allocation in direction of extra numerous groups and techniques that may drive higher monetary returns in addition to optimistic social and environmental change. Since its founding, WoWE has constructed a portfolio of impression investments, delivered key analysis and insights, and fostered a group of like-minded advocates devoted to its mission.
This mission will reside on and develop at Ladies’s World Banking. This transfer allows Ladies’s World Banking to develop the impression of Ladies’s World Banking Asset Administration, furthering its pioneering Gender Lens Investing method and funding technique, with the goal of selling girls as clients, as expertise and as leaders.
Commenting on the announcement, Ladies’s World Banking’s President and CEO, Mary Ellen Iskenderian, stated, “We’re excited to companion with Ladies of the World Endowment and stick with it their mission. This transition not solely validates Ladies’s World Banking’s technique to develop into impression investing however confirms our management within the rising area of Gender Lens investing. We’re deeply grateful to the WoWE Board for putting their belief in our group as we construct on the essential work they’ve began.”
Commenting on the announcement the WoWE Staff mirrored, “Since our inception, WoWE has been devoted to investing in options that create lasting change at scale, with a give attention to girls as changemakers. Via this transition to Ladies’s World Banking, we’re poised to construct upon this legacy, additional empowering girls and ladies to drive systemic transformation throughout numerous sectors.”
About Ladies’s World Banking
For over 45 years, Ladies’s World Banking has been devoted to serving the almost 1 billion girls excluded by the formal monetary sector. As an NGO, we companion with monetary establishments and policymakers to design, develop and implement options and applications that facilitate systemic change for girls. As an investor, we advance girls within the office and as clients by means of direct fairness – to deliver them safety, prosperity, and independence. Since 2018 Ladies’s World Banking has reached greater than 82 million girls serving to to alter not solely their lives but in addition of their households, communities, and international locations. To study extra about Ladies’s World Banking, go to womensworldbanking.org.
Media Contacts
Liz Richards, [email protected]