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Dhiraagu signs agreement with IFC to strengthen women's corporate leadership

Malika Shahid
19 December 2022, MVT 18:29
An official from IFC (R) and Dhiraagu CEO (L) Ismail Rasheed pose with the agreement --Photo: Dhiraagu
Malika Shahid
19 December 2022, MVT 18:29

Dhiraagu has signed an agreement with the International Financial Corporation (IFC) to strengthen women's corporate leadership.

The company said that it has decided to launch its gender advisory program in collaboration with IFC. The agreement signed with IFC will build on Dhiraagu's ongoing efforts to achieve gender equality.

IFC will work with Dhiraagu to strengthen its gender action plan and open up business opportunities through a strong "gender lens".

According to Dhiraagu, the result of working with IFC is the completion of the Gender Action Plan launched earlier this year. It focuses on the development of women as employees and leaders in its technical and non-technical sectors.

“We view this relationship as an excellent opportunity to draw on IFC’s expertise and strengthen our new Environmental, Social and Governance (ESG) function,” said CEO and MD of Dhiraagu, Ismail Rasheed.

Guaranteeing equal opportunities for women in business operations can improve a company’s business and make it economically viable, said Alejandro Alvarez, IFC’s Country Manager for Maldives and Sri Lanka.

Dhiraagu is setting an important example for other companies in creating a diverse and inclusive work environment in Maldives, he said.

Dhiraagu is working towards eliminating gender discrimination and providing equal opportunities. This includes the establishment of a Women Empowerment Committee in 2019.

Many efforts are also being made under their CSR to empower women.

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