African Mining Week: Rising Number of Female Chief Executive Officers (CEO) Underscores the Business Case for Diversity

0
202
Azentio Software (www.Azentio.com) , a leading technology enabler in the BFSI space, announced the launch of Azentio Loan Origination, its next-generation product that redefines how financial institutions scale credit operations across retail, SME, and corporate segments, and supports both conventional and Islamic financing. According to Deloitte (http://apo-opa.co/46lKYvA), today’s lending market demands speed, personalization, and easy digital access. Azentio Loan Origination enables banks and financial institutions to onboard customers quickly, make accurate credit decisions, and provide a seamless borrower experience, all while staying compliant with evolving regulations. Reimagining speed and personalization in lending With Azentio Loan Origination, lenders can launch new products up to 70% faster. Built-in compliance for each region shortens time-to-market from months to weeks. This enables lenders to avoid delays, accelerate innovation, and identify new growth opportunities. Smarter credit decisions for precision and efficiency Azentio’s new loan origination offering streamlines every step of credit decisioning with automation at its core. Its policy-driven framework seamlessly integrates with KYC, AML, and credit bureau systems to reduce approval delays and minimize manual errors. Pre-configured integrations and dynamic workflows make onboarding faster and simpler, helping banks lower drop-offs and improve decision accuracy. With compliance built in for both conventional and Islamic finance, lenders can grow without regulatory risk. Future-ready architecture for scalable growth Azentio Loan Origination is cloud-ready, scalable, and integrates easily with existing technology stacks, enabling financial institutions to expand into new regions. Its open framework ensures resilience, adapts to regulatory change, and supports new capabilities such as advanced analytics and alternative data without causing significant disruptions. “Banks are under pressure to deliver seamless digital experiences while navigating tougher regulatory landscapes,” said Guru L, Senior Vice President, Lending – Product Management, Azentio. “Azentio Loan Origination brings speed, intelligence, and compliance together in a single offering, enabling financial institutions to innovate and scale. With this launch, we are equipping the industry not just to keep pace with change, but to lead it.”

Despite the continued need for more women representation in male-dominated sectors, women are increasingly taking up leadership roles in Africa’s mining and construction sectors, with a growing number of female CEOs signaling a shift in organizational culture. This was the message from a panel of female mining industry executives at African Mining Week 2025, who emphasized that while legislation has assisted in opening doors, women are demonstrating that their leadership is based on merit, with mentorship highlighted as equally important to help more women rise through the ranks.

Anjana Turner, Principal at U.S.-based business law firm Anjana Turner Law underscored the importance of building a sustainable talent pipeline. “We must create pathways for women to move into leadership roles. Women need to show up strong, not as followers, but as confident leaders who can contribute meaningfully at all levels of a company.” She added that greater female representation is needed at higher levels of executive decision-making and negotiation situations as it leads to more positive outcomes for businesses.

Emma Townshend, Executive for Corporate Affairs at leading South African producer of platinum group metals (PGMs) Impala Platinum and board member of Women in Platinum Group Metals reflected on her career in which we transitioned from a financial markets role into mining, saying she never felt her gender was a disadvantage. “I’ve been fortunate that my experiences and exposure meant being a female didn’t feel like an obstacle. South Africa is quite progressive in terms of women representation through legislation, which has provided a platform for greater female representation,” she said.

Townshend also pointed out that gaining influence in the boardroom ultimately is not gender-specific but rather about knowing your subject and adding value.

Lili Nupen, Co-Founder and Director of South Africa-based law firm NSDV Law, where 70% of the legal team are women, recalled the challenge of being the only woman – and often the youngest – in male-dominated boardrooms, where she was frequently perceived as an outsider. She pointed out that “once your expertise is heard by the room, perceptions change.”

“Our approach at NSDV Law is that if you can demonstrate your expertise, you should not let gender be a barrier,” she noted.

She further explained that her firm’s flat structure encourages all team members to build their own brands, speak up in boardroom discussions, and participate fully in decision-making.

Challenging stereotypes about women in leadership, Nupen acknowledged that women are often perceived as more emotional, while Townshend reframed this as a strength, noting that “there is a time and place for positive emotion in business – it’s a leadership skill.”

“Women tend to be more introspective and aware of the impact of emotions, which can be healthy for organisational culture,” Townshend said.

The panelists agreed that creating an environment where diversity is celebrated is a business imperative. With more women now holding CEO positions in mining and construction, the focus must be on building the future pipeline of female leaders.

Townshend and Turned both emphasised mentorship as equally important to that of legislative compliance in ensuring that woman are included in leadership roles. 

LEAVE A REPLY

Please enter your comment!
Please enter your name here