The board of directors of the World Union of Arab Bankers (WUAB) approved during a meeting in Cairo yesterday the gender diversity protocol prepared by the chair of the Women’s Empowerment Group in Arab Banks and Financial Institutions, Chief Operating Officer at Al Mawarid Bank, Nahla Khaddage Bou Diab, noting the group is one of the prominent working groups within the WUAB. The meeting discussed the importance of adopting the gender diversity protocol as an instruction manual during day to day operations of institutions in order to achieve coherence and integration between the various skills, according to a statement issued by WUAB board. It also aims to reduce gaps within institutions in order to activate their capacity to adapt to a constantly changing global environment and enable them to create equal opportunities between men and women. The board meeting also discussed the anticipated measures to be taken by ambitious Arab banks aspiring to reach international labor standards through the adoption of the system and the development of the concepts in an applied manner. The meeting concluded with the formal approval by the board of the gender diversity protocol, to be followed later with debates to examine its implication on the Arab banking sector. (Al Diyar, June 27, 2018)