Women in growth sectors recognised

The Australian Institute of Company Directors (AICD) and the Minister assisting the Prime Minister for Women, Senator the Hon Michaelia Cash, have announced the winners of 40 scholarships for women who work in sectors that are expected to dominate future economic growth.

The scholarships, which are jointly funded by the AICD and the Federal Government, will allow the recipients to complete either the Company Directors Course or Foundations of Directorship program offered by the AICD.

Women working in the oil, gas and energy industry dominated this round of the board diversity scholarship program, winning 17 of the 40 scholarships on offer. Other recipients came from the four remaining industries prioritised in the Australian Government’s industry innovation and competitiveness agenda.

These include the food and agribusiness industry, which took out 10 scholarships; mining equipment, technology and services, which took out seven; medical technologies and pharmaceuticals with five and advanced manufacturing scored two.

“These important industries are likely to play a pivotal role in Australia’s future and we are providing an opportunity for talented women to obtain credentials that will allow them to contribute to this growth,” said John Brogden, the AICD’s managing director and chief executive officer.

These latest scholarships complete the third round of the board diversity scholarship program. A total of 140 women have been granted scholarships since September last year, double the number awarded in each of the previous two rounds of the program.

 Since the launch of the scholarship program in 2010, there has been an encouraging increase in the number of women on the boards of Australia’s largest companies. Monthly statistics compiled by the AICD show that women comprised 20.4 per cent of the directors on S&P/ASX 200 boards at 30 April,, versus 8.3 per cent in 2009. 

A full list of the winners can be found here.