Women in finance - Women of Rubies

In Career Gems July 27, 2024 By Women of Rubies

Women Leading in Male-Dominated Industries

Women are making remarkable strides in industries traditionally dominated by men. From engineering and technology to finance and construction, female leaders are challenging norms and redefining leadership. Their presence in these sectors not only advances their fields but also inspires future generations of women to break barriers and pursue their passions. Here’s a closer look at how women are leading the charge and reshaping male-dominated industries.

1. Engineering: Designing the Future

Women in engineering are driving innovation and breaking stereotypes. Female engineers are leading groundbreaking projects, from designing sustainable infrastructure to developing advanced technologies. These women are not only contributing to their fields but are also inspiring the next generation of female engineers.

Cost: Entry-level salaries in engineering can range from $60,000 to $80,000 annually, depending on the specialization and location.

Platforms: LinkedIn, Glassdoor, and industry-specific job boards like EngineerJobs.com are great places to find opportunities and network.

2. Technology: Innovating the Digital World

In technology, women are making their mark as software developers, data scientists, and tech entrepreneurs. They are creating innovative solutions, leading tech startups, and advocating for diversity within the tech community. Women like Ada Lovelace and Grace Hopper have paved the way, and contemporary leaders continue to drive technological advancements.

Cost: Starting a career in tech often involves investment in education and training, with costs ranging from $10,000 to $50,000 for degrees or bootcamps.

Platforms: Websites like GitHub, Stack Overflow, and tech-specific job boards such as AngelList are valuable resources for career opportunities and networking.

3. Finance: Breaking Through the Glass Ceiling

Women are increasingly holding top positions in finance, including roles as investment bankers, CFOs, and financial analysts. Their leadership is influencing investment strategies, corporate governance, and financial policies. Women in finance are not only challenging traditional norms but also setting new standards for success and integrity in the industry.

Cost: Entry-level positions in finance can start at around $60,000 annually, with significant growth potential based on experience and performance.

Platforms: LinkedIn, Indeed, and financial career sites like eFinancialCareers are useful for job searches and industry insights.

4. Construction: Building a New Paradigm

Women are making notable advancements in the construction industry, a field traditionally dominated by men. Female construction managers, engineers, and architects are leading large-scale projects, advocating for safety and sustainability, and proving that women can excel in this demanding field.

Cost: Careers in construction may require certifications or degrees, with costs varying between $5,000 and $20,000.

Platforms: Construction-specific job boards like ConstructionJobs.com and industry associations provide valuable networking and job opportunities.

5. Automotive: Steering Change

Women in the automotive industry are making waves as engineers, designers, and executives. They are driving innovation in vehicle design, electric vehicles, and automotive technology. Female leaders in this sector are challenging stereotypes and leading the charge toward a more inclusive and innovative future.

Cost: Entry into the automotive industry may involve costs for specialized education or training, typically ranging from $5,000 to $15,000.

Platforms: Automotive career sites like AutoJobs.com and networking platforms like LinkedIn are excellent for finding job opportunities and industry news.

6. Aerospace: Reaching New Heights

Women in aerospace are pushing the boundaries of space exploration and aircraft design. From astronauts to aerospace engineers, these women are breaking new ground and inspiring others to follow in their footsteps. Their contributions are vital to advancing aerospace technology and exploration.

Cost: Pursuing a career in aerospace often requires advanced degrees, with educational costs ranging from $20,000 to $50,000.

Platforms: Aerospace career resources like NASA’s Jobs Portal and industry job boards such as AerospaceJobs.com are valuable for job seekers and networkers.

7. Energy: Powering Progress

Women in the energy sector are leading efforts in renewable energy, energy management, and environmental sustainability. Their leadership is crucial in transitioning to cleaner energy sources and promoting sustainable practices in the industry.

Cost: Entry into the energy sector might involve specialized degrees or certifications, with costs ranging from $10,000 to $30,000.

Platforms: Energy-specific job boards like EnergyJobline and LinkedIn are useful for job hunting and networking in the energy sector.

8. Manufacturing: Leading Innovation

Women in manufacturing are taking on leadership roles in production, logistics, and supply chain management. They are driving efficiency, innovation, and safety in manufacturing processes, proving that women can lead with excellence in this traditionally male-dominated field.

Cost: Careers in manufacturing may require technical training or certifications, typically costing between $5,000 and $15,000.

Platforms: Manufacturing job boards like ManufacturingJobs.com and industry networks on LinkedIn are great for career opportunities and industry insights.

9. Legal: Advocating for Change

Women in the legal profession are rising to prominent roles as lawyers, judges, and legal scholars. Their leadership is shaping legal practices, influencing policy, and advocating for justice and equality in the legal system.

Cost: Becoming a lawyer requires a significant investment in education, with law school costs typically ranging from $40,000 to $60,000 per year.

Platforms: Legal career resources like LawJobs.com and professional networks such as LinkedIn offer valuable job opportunities and connections.

10. Military: Defending and Leading

Women in the military are breaking new ground in leadership roles and combat positions. Their contributions are vital to national security and military operations, and they are redefining what it means to serve with distinction and leadership in the armed forces.

Cost: Military careers often provide educational benefits, but initial training and service commitments are required.

Platforms: Military career resources like the Defense Department’s career website and veteran networks on LinkedIn are useful for finding opportunities and connecting with others in the field.

In Career Gems February 19, 2024 By Women of Rubies

Inspiring Stories Of Seven Black Women Leaders In Male-Dominated Industries

Amidst the intersection of gender and racial disparities, Black women face unique challenges in breaking through the glass ceiling and ascending to leadership positions in traditionally male-dominated industries. Despite these obstacles, countless Black women have defied the odds, shattered stereotypes, and achieved remarkable success. In this blog post, we celebrate their achievements and draw inspiration from their extraordinary journeys.

Technology

In the dynamic world of technology, Black women leaders like Ursula Burns, former CEO of Xerox, and Rosalind Brewer, CEO of Walgreens Boots Alliance, have left an indelible mark. Burns, the first Black female CEO of a Fortune 500 company, and Brewer, the only Black woman currently leading a Fortune 500 company, exemplify resilience, innovation, and trailblazing leadership in the tech sector.

Finance

Moving to the financial realm, Black women such as Mellody Hobson, co-CEO of Ariel Investments, and Thasunda Brown Duckett, CEO of TIAA, have made significant strides. Hobson’s influential advocacy for diversity and inclusion in finance and Duckett’s transformative leadership in financial services underscore the invaluable contributions of Black women in shaping the industry’s landscape.

Engineering

In the field of engineering, trailblazers like Ursula M. Burns, former CEO of Xerox, and Marian Croak, Vice President of Engineering at Google, have broken barriers and blazed trails. Burns’ historic tenure as CEO and Croak’s pioneering work in telecommunications and technology exemplify the ingenuity and resilience of Black women in engineering and technology.

Science

In the realm of science, Nobel Prize-winning physicist Dr. Shirley Ann Jackson and chemist Dr. Marie Maynard Daly have made groundbreaking contributions. Dr. Jackson’s pioneering research in theoretical physics and Dr. Daly’s groundbreaking work in biochemistry exemplify the brilliance and innovation of Black women scientists.

Career Gems to Learn From:

Resilience: Despite facing systemic barriers, these women persisted in pursuing their goals and refused to be deterred by adversity.
Innovation: They demonstrated a willingness to challenge the status quo, innovate, and think outside the box to drive change in their industries.
Advocacy: Many of these leaders used their platforms to advocate for diversity, equity, and inclusion, paving the way for future generations of Black women.
Continuous Learning: They embraced lifelong learning and professional development, constantly seeking opportunities to expand their skills and knowledge.
Community Engagement: These women recognized the importance of giving back to their communities and uplifting others through mentorship and support.

As we reflect on the remarkable journeys of these Black women leaders, we’re reminded of the resilience, determination, and brilliance that define their paths to success. Their stories serve as beacons of inspiration, illuminating the way for future generations of Black women leaders. Let us continue to celebrate and uplift their achievements, ensuring that the glass ceiling becomes nothing more than a shattered relic of the past.

In Inspiration May 11, 2023 By Women of Rubies

Women in Finance: A Spotlight on Tokunboh Ishmael’s Career Journey

Introduction

Women in finance are a force to be reckoned with, breaking through barriers and shattering glass ceilings in an industry long dominated by men. One such woman is Tokunboh Ishmael, a trailblazer in finance with a career spanning over two decades.

Ishmael has made a name for herself in private equity, investment banking, and economic development and is recognized as one of the most influential women in Africa’s financial sector. In this article, we will look closer at Ishmael’s impressive career journey, highlighting her accomplishments, challenges, and insights that can inspire and empower women in finance and beyond.

Early Life and Education

Tokunboh Ishmael was born in Lagos, Nigeria, in 1968. She attended the prestigious Queen’s College, Lagos, for her secondary education and later studied economics at the London School of Economics (LSE). After completing her undergraduate degree, Ishmael earned a Master of Business Administration (MBA) from Harvard Business School in 1994. Her education at these highly regarded institutions gave her a strong foundation for her future career in finance and investment.

First steps In finance: Internships and entry-level positions

After completing her education, Tokunboh Ishmael took her first steps into finance through internships and entry-level positions. She began her career as an investment banker at Salomon Brothers in New York and later worked as a consultant at McKinsey & Company in London.

Milestones

The rise to prominence of Tokunboh Ishmael in the finance industry has been nothing short of remarkable. With a career spanning several decades, Ishmael has amassed an impressive list of achievements and milestones that have cemented her reputation as a leading figure in finance.

One of her key achievements was leading the team that advised on selling a Nigerian oil block for $1.3 billion, one of the most significant transactions in Africa at the time. Additionally, she co-founded Alitheia Identity, a private equity fund focused on investing in women-owned or led businesses in Africa.

Through her innovative ideas and dedication, Ishmael has become a prominent figure in the finance industry and a role model for aspiring women in business. From her early beginnings as an intern and entry-level employee to her current position as a highly respected venture capitalist, Ishmael’s journey has been marked by hard work, determination, and a passion for excellence.

Challenges

Tokunboh Ishmael faced several challenges as a woman in finance, particularly in a field that has historically been male-dominated. Women in finance have often faced biases and discrimination in the workplace, including unequal pay and limited opportunities for advancement.

Additionally, they often lack support and mentorship, making breaking through the industry’s proverbial “glass ceiling” difficult. Despite these challenges, Tokunboh Ishmael persevered and blazed a trail for other women in finance, using her experiences to inspire and empower others.

Here are some challenges that women in finance may face:

Gender bias and discrimination in the Workplace
Lack of female role models and mentors
Difficulty balancing work and family responsibilities
Unequal pay and opportunities for career advancement compared to male colleagues
Stereotypes and assumptions about women’s abilities in finance
Fewer networking opportunities compared to male colleagues
Lack of diversity in leadership positions within the finance industry
Pressure to conform to male-dominated workplace culture.

Philanthropic Ventures: Giving back to the community

Tokunboh Ishmael knows the importance of philanthropy to impact society positively, and she is an excellent example. Through various philanthropic endeavors, she has given back to the community. Her work in this area is a testament to her dedication to improving the world.

Furthermore, throughout her career, Tokunboh Ishmael has been involved in various philanthropic ventures, including supporting education, health, and entrepreneurship initiatives. Ishmael has also been active in promoting gender equality and empowering women in finance through mentorship programs and speaking engagements. Her commitment to making a positive impact on society serves as an inspiration to many.

Future goals and plans and career development

As a highly accomplished professional in the finance industry, Tokunboh Ishmael continues to strive for excellence and has set her sights on future career goals. She has expressed her desire to increase women’s financial representation and mentor the next generation of leaders. Tokunboh has also mentioned her interest in pursuing more board roles and investing in technology-driven businesses.

In addition to her career aspirations, Tokunboh is passionate about positively impacting the world. She plans to continue her philanthropic ventures and use her platform to empower women and youth through education and entrepreneurship.

With her drive, experience, and dedication, there is no doubt that Tokunboh Ishmael will continue to make significant contributions to the finance industry and beyond.

Advice for aspiring women in finance

As a successful woman in finance, Tokunboh Ishmael has gained valuable experience and insights throughout her career. She is a true trailblazer who has overcome challenges and achieved remarkable success in her field. Here are some lessons learned and advice from Tokunboh that can inspire and guide aspiring women in finance:

Believe in Yourself: One of the most critical lessons Tokunboh has learned is to believe in yourself and your abilities. Self-confidence is essential to success in any career, but it is vital in finance, where women are still underrepresented.
Persevere Through Challenges: Tokunboh has faced many challenges in her career, but she did not let them discourage her. Instead, she persevered and used each challenge as an opportunity to learn and grow.
Find Mentors and Role Models: Mentors and role models are crucial for career development. They can provide valuable guidance, advice, and support, especially for women in finance who may face unique challenges.
Be Open to New Opportunities: Tokunboh advises aspiring women in finance to be open to new opportunities and experiences. You never know where a unique opportunity may lead or what you may learn from it.
Give Back to the Community: Tokunboh believes in the importance of giving back to the community, and she has been involved in various philanthropic ventures throughout her career. Aspiring women in finance can also find ways to use their skills and expertise to impact the world positively.

Tokunboh Ishmael’s career journey is a shining example for women in finance. Her valuable lessons and advice can inspire and guide aspiring women to achieve success in this dynamic and rewarding field.

Tokunboh Ishmael’s Impact

Tokunboh Ishmael’s Impact on the Finance Industry in Africa is a topic that highlights the contributions and achievements of Tokunboh Ishmael in shaping the finance industry on the African continent. From her early career in finance to her rise to prominence, Tokunboh has left an indelible mark on the industry through her dedication to creating investment opportunities and supporting entrepreneurship.

Her impact has been felt in various sectors, including private equity, venture capital, and impact investing. Tokunboh Ishmael played several roles in transforming the finance industry in Africa. She co-founded and served as the Managing Director of Alitheia Capital, a leading private equity fund focused on investing in high-growth businesses that empower women and their communities.

Additionally, she served on the boards of several financial institutions and organizations, including the Nigerian Sovereign Investment Authority and the African Venture Capital Association. Through her leadership and dedication, Ishmael has significantly impacted the finance industry in Africa.

Conclusion

In conclusion, Tokunboh Ishmael is an accomplished woman in finance who has significantly impacted Africa’s finance industry. From her early beginnings in finance to rising to prominence and giving back to the community through philanthropic ventures, she has faced and overcome numerous challenges.

Her advice and lessons learned offer valuable insight for aspiring women in finance, and her career continues to inspire and transform the industry. With her visionary leadership and impressive track record, Ishmael will remain a prominent figure in the finance world for years.

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In self development December 31, 2018 By Esther Ijewere

SEVEN WONDER WOMEN AWARDS: NOMINEES FOR WOMEN IN FINANCE AND HEALTH AND WELLNESS

This week we are announcing the second set of nominees, Women In Finance and Women In Health and Wellness. We’ve kept their descriptions (in brackets) deliberately brief, as many are multi-talented and their skills transcend a few sectors.

I have really enjoyed reading about each one of these women listed below – all with award-winning power, and congratulate them on their careers and the impact they are having in their given field. Please note, that they are listed in alphabetical order, not according to how many nominations they received.

For Finance, we took note of the women’s qualifications and outstanding careers in Finance, as well as those we viewed as barrier-breakers in this very competitive sector, coupled with their impact and the positive influence they have on other women.

Their performance and achievements have elevated the position of women in Finance and they have worked relentlessly to advance the cause of women in the top positions in Nigeria, either on a personal level, in support of other Women in Finance – or both. They have also contributed to increasing the financial inclusion of Nigeria’s women in the economy in general, for example, as a Mentor or, an Influencer, or even as an Investor.

The nominees in Health & Wellness are making a huge impact in this relatively new sector. “Health” captures the nominated MDs, whilst “wellness” captures non-medical practitioners, specialists who strive to create more awareness about all kinds of health issues and are trailblazers in the more recently-recognised areas of health, including mental health, or other forms of wellness (e.g. physical wellbeing and fitness).

Coupled with health, wellness plays an evermore important role in our lives, with “wellness” or “self-care” being described as the “word of 2017” by The Global Wellness Summit, which considers Feminist Wellness as one of the Global Wellness Trends of 2018.

We were also interested in hearing about the female leaders in Women’s Health issues (both qualified doctors and other certified professionals in this area), but we were only able to shortlist seven women in this category, based on those that were nominated and those that fulfilled the criteria.

These are women who have a proven track record of improving the quality of and access to Health & Wellness for people (both men and women) in Nigeria.

Women In Finance
Bola Adesola (Standard Chartered Bank MD/CEO)
Opunimi Akinkugbe (Bestman Games Founder)
Ibikun Awosika (First Bank Chairman)
Tomie Balogun (The Vestract Company Founder)
Funmi Ekundayo (STL Trustees MD/CEO)
Modupe Ladipo (Financial Inclusion Expert)
Bunmi Lawson (EFInA Director)
Oluwatosin Olaseinde (Money Africa)
Mosun Belo-Olusoga (Access Bank Chairman)
Toyin F Sanni (Emerging Africa Group CEO)

Women In Health and Wellness
Dr Ola Brown-Orekunrin (The Flying Doctors Nigeria Founder)
Dr Dorothy Jeff-Nnamani (Novo Health Africa Founder)
Elaine Okeke-Martin (Spa & Wellness Association Africa Founder)
Aderoju Ope-Ajayi (Dolphin Aquatic Centre & Swim School Founder)
Farida Sanusi (ICSPIN Founder)
Dr Alero Roberts (Senior Lecturer, College of Medicine UNILAG)
Oyinkan Talabi (Bodyworks Fitness Nigeria Founder)