TORONTO, Dec. 9, 2021 /CNW/ - Scotiabank today
proudly celebrates the third-year anniversary of The Scotiabank
Women Initiative® with plans to expand internationally in the new
year. The program – currently available in Canada – will begin its expansion into the
Caribbean and Latin America in 2022.
To celebrate, The Scotiabank Women Initiative hosted a virtual
fireside chat with fashion designer Rebecca Minkoff. The entrepreneur, author and
podcaster spoke with Scotiabank about her entrepreneurial journey,
the importance of taking risks and learning through failure.
Launched December 2018, The Scotiabank Women Initiative is
a comprehensive program designed to increase economic and
professional opportunities for Scotiabank clients who identify as
women or non-binary by providing access to capital and tailored
solutions, specialized education, advisory services and mentorship
to help them succeed on their own financial terms.
"We are incredibly proud to be planning for international
expansion of The Scotiabank Women Initiative," says Gillian Riley, President and CEO, Tangerine
Bank, and Founder of The Scotiabank Women Initiative. "When we
launched the program, our mission was to help advance women-led
businesses in Canada. In only three years, we have grown the
program and its mandate exponentially, integrating it into several
of our key business lines to help women advance in more ways
including leading their businesses, advancing their careers, and
growing their wealth. Next year we are taking it further to enable
even more women to succeed in the Caribbean and Latin American."
The Bank has integrated The Scotiabank Women Initiative into
several of its key business lines beyond Canadian Banking,
including:
- In 2019, expanded The Scotiabank Women Initiative into
Global Banking and Markets offering a suite of advisory,
education and innovation solutions, from board preparation courses
for women in senior leadership positions to educational and
technical training sessions to roundtables focused on key
environment, social and governance issues
- In 2020, expanded The Scotiabank Women Initiative into
Global Wealth Management to inspire and empower women investors
to take charge of their financial futures. By offering education,
advice and access to wealth services, women are provided with a
newly formed, comprehensive approach to financial advice and wealth
services.
The Scotiabank Women Initiative has achieved many notable
milestones since its inception including:
- Deployed more than $3 Billion
in capital to women-owned and women-led business in
Canada
- Engaged +6,000 women-led entrepreneurs across
the country through Un-Mentorship Boot Camps™ and Mentorship
sessions that help women increase their business savvy by
networking and exploring business challenges
- Launched The Scotiabank Women Initiative Digital Hub in
collaboration with Shopify, Google Canada, Pinterest, LinkedIn,
Facebook and HubSpot to deliver key resources to help women
entrepreneurs adapt to uncertain economic times
- Ran four Good Corporate Governance Program cohorts for
women in senior leadership positions, to support their path to or
expanded board participation
- Held a series of webcasts through Global Banking and
Markets' Learn, Engage and Partner (LEAP) Series for women
leaders on topics including FX and Hedging Strategies, Emerging
from the Pandemic and the "S" of the ESG triangle
- Trained 500+ advisors, relationship managers,
portfolio managers, and other employees in client-facing roles
on how they can empower their women clients to take charge of their
financial futures.
- Hosted 1,100+ women clients at wealth management
sessions designed to help them transition through major life events
such as retirement, estate planning and caregiving.
More information on the expansion will be available at
www.scotiabankwomeninitiative.com starting in January 2022.
About The Scotiabank Women Initiative
The Scotiabank
Women Initiative is a signature program designed to increase
economic and professional opportunities for our clients who
identify as women or non-binary to be successful, now and in the
future. This globally expanding, unique offering helps thousands of
women pursue their best professional and financial futures by
providing unbiased access to capital and tailored solutions,
bespoke specialized education, holistic advisory services and
mentorship. Whether supporting women to take their careers and
businesses further, collaborating with inclusion-focused leaders
and companies, providing women-owned and women-led businesses with
equitable access to funding or helping women take charge of their
finances, The Scotiabank Women Initiative breaks down barriers to
empower women to succeed on their own terms. For more information,
visit scotiabankwomeninitiative.com.
About Scotiabank
Scotiabank is a leading bank in the
Americas. Guided by our purpose: "for every future", we help our
customers, their families and their communities achieve success
through a broad range of advice, products and services, including
personal and commercial banking, wealth management and private
banking, corporate and investment banking, and capital markets.
With a team of approximately 90,000 employees and assets of
approximately $1.2 trillion (as at
October 31, 2021), Scotiabank trades
on the Toronto Stock Exchange (TSX: BNS) and New York Stock
Exchange (NYSE: BNS). For more information, please visit
http://www.scotiabank.com and follow us on Twitter
@ScotiabankViews.
SOURCE Scotiabank