“For women, who are still too few in the group’s senior management, I strongly believe that mentoring is highly effective, because women… need to learn to express the full range of their capabilities and their ambitions.”
“Leadership is not gender specific. In terms of driving change, having significant impact, running and organization or country, with the strong support of mentoring, advocacy and sponsorship, women can do as well as and maybe even better than men.”
The mentoring program at BNP Paribas has three objectives: to retain talent, to promote women’s professional and personal development; and to increase the number of women in key posts of responsibility. This program, along with a range of other measures, has produced impressive results. The 2009 goal of achieving 20% in senior management by the end of 2012 was exceeded by 1%, and reached 25% by the end of 2014. The company targets 30% by 2020.
Excerpts from an interview with Marie-Claire Capobianco, Head of BNP Paribas French Retail Banking Group
“Several parts of BNP Paribas have set up a mentoring program to offer tailored support to our high development employees…. In addition to the professional skills and expertise acquired through studies and through doing the job, mentoring adds knowledge and understanding of the whole professional landscape.”
“More than 30 of the most senior directors of Corporate and Institutional Banking, (the investment banking division of PNB Parabis), including the chairman and chief executive, became mentors in this program. Their involvement enabled the mentees to improve their positions in the bank, which facilitated career progression. The directors also provided leadership opportunities and opened up their own networks in order to increase the mentees’ visibility among other directors.”