IHS Markit Launches Board Mentorship Program for Women
Kay Swinburne MEP is first to join the innovative development program
LONDON--(BUSINESS WIRE)--Oct. 25, 2018--
Markit (Nasdaq: INFO), a world leader in critical information,
analytics and solutions, today announced the launch of a board
mentorship program designed to build the ranks of female candidates for
boards of directors.
Kay Swinburne MEP is the first to participate in the IHS Markit board
mentorship program, which began earlier this month. A former investment
banker and fund manager, Swinburne in 2009 was elected to the European
Parliament. She serves as vice-chair of the Economic and Monetary
Affairs Committee where she has played a pivotal role in shaping the
EU’s financial regulatory architecture, including steering the second
iteration of the Markets in Financial Instruments Directive (MiFID II)
through the European Parliament.
“A lack of practical experience is often cited as a factor preventing
women from securing board positions and this type of mentoring can
provide a crucial stepping stone to enable otherwise highly qualified
women to take up these roles,” Swinburne said. “I am excited to take
this next step in my career and I commend IHS Markit for taking an
innovative approach in creating opportunities for women.”
During the program, Swinburne will be a non-voting observer member of
the IHS Markit Board of Directors and expected to take an active part in
all discussions. An existing board member, Jean-Paul Montupet, the Chair
of the IHS Markit Board’s Nominating and Governance Committee, will
mentor Swinburne throughout the mentorship.
“We’re delighted to welcome Kay as our first Board mentee”, said Lance
Uggla, chairman and CEO of IHS Markit. “No matter the company’s size
or whether it’s public or private, we believe it’s imperative for firms
to open their doors to the most able candidates.”
“With this new board mentorship program as a springboard, we plan to
work with companies across our broad network to encourage other
organizations to take on board mentees,” Uggla said. “We are looking
forward to the program gaining momentum and seeing widespread adoption
as companies improve diversity on their boards and recognize the need
for diversity and inclusion to be embedded in their core principles.”
IHS Markit has committed to increase the percentage of female
independent directors on its board from 25 percent to more than 30
percent by 2021.
About IHS Markit (www.ihsmarkit.com)
IHS Markit (Nasdaq: INFO) is a world leader in critical information,
analytics and solutions for the major industries and markets that drive
economies worldwide. The company delivers next-generation information,
analytics and solutions to customers in business, finance and
government, improving their operational efficiency and providing deep
insights that lead to well-informed, confident decisions. IHS Markit has
more than 50,000 business and government customers, including 80 percent
of the Fortune Global 500 and the world’s leading financial institutions.
IHS Markit is a registered trademark of IHS Markit Ltd. and/or its
affiliates. All other company and product names may be trademarks of
their respective owners © 2018 IHS Markit Ltd. All rights reserved.
About Kay Swinburne MEP (www.kayswinburne.wales)
Dr Kay Swinburne MEP is a legislator and current Vice-Chair of the
European Parliament's Economic and Monetary Affairs Committee (ECON),
where she has shaped numerous pieces of European financial services
legislation including EMIR, MiFID II, CSDR, and Banking Union files.
A former investment banker and fund manager, her work in shaping the
EU’s supervisory architecture has resulted in the formation of the ESRB,
ESMA, EIOPA, EBA, and an SSM for Eurozone banking. This, alongside her
role in both MIFID II and EMIR, saw her recognized in 2016 as one of the
most influential women in finance by Financial News. In 2013, Dr
Swinburne was declared Winner of Financial News’ Women in Market
Infrastructure Award, and in 2018 received the IFLR’s Regulatory Reform
Award for her career contribution to financial legislative reform.
Dr Swinburne is a Member of the EU Delegation for Relations with the
United States, and Chair of the financial regulatory think-tank NEX Reg.
Dr Swinburne is an experienced keynote speaker, and frequently addresses
events such as FIA Trade Tech and the ISDA Annual General Meeting. She
is also a regular speaker at Chatham House events, and has participated
in panel debates alongside the Chair of the CFTC, the President of the
ECB, the Deputy Governor of the Bank of England, and the Head of the FCA
View source version on businesswire.com: https://www.businesswire.com/news/home/20181025005358/en/
Source: IHS Markit
Joanna Vickers, +44 207 260 2234