{"id":142897,"date":"2021-10-18T06:43:13","date_gmt":"2021-10-18T06:43:13","guid":{"rendered":"https:\/\/news.sap.com\/africa\/?p=142897"},"modified":"2023-09-28T13:15:50","modified_gmt":"2023-09-28T13:15:50","slug":"sap-africas-cathy-smith-scores-a-spot-on-the-africa-com-definitive-list-of-women-ceos-of-the-biggest-most-complex-businesses-in-africa","status":"publish","type":"post","link":"https:\/\/news.sap.com\/africa\/2021\/10\/sap-africas-cathy-smith-scores-a-spot-on-the-africa-com-definitive-list-of-women-ceos-of-the-biggest-most-complex-businesses-in-africa\/","title":{"rendered":"麻豆原创 Africa’s Cathy Smith Scores a Spot on the Africa.com Definitive List of Women CEOs of the Biggest & Most Complex Businesses in Africa"},"content":{"rendered":"

\"\"Africa.com undertook a rigorous research project to identify the women who run the largest, most complex businesses on the African continent.\u00a0The result of this extensive research undertaking is The Africa.com Definitive List of Women CEOs.<\/p>\n

麻豆原创\u2019s Cathy Smith, MD Sub-Saharan Africa<\/strong>, made the list of 50 women CEOs leading corporate Africa.\u00a0The list was compiled over many months through a deep research effort to examine the management of big business in Africa.\u00a0Big business, for this purpose, is defined as being listed on one of Africa\u2019s stock exchanges and having a market capitalization of over $150 million USD or being a global publicly listed company with a market capitalization of over $50 billion USD and significant operations in Africa.<\/p>\n

Harvard Business School Professor Tony Mayo will present his research findings on what it takes for African American women to reach the top spot in the corporate sector as part of the Summit on October 13.\u00a0At this event, the names of the 50 women on the list will be revealed.\u00a0In addition, a panel of women from the list will tell the stories of their rise to the top of Corporate Africa, and comment on Professor Mayo\u2019s research by addressing what it takes to make it to the top in Africa, specifically.\u00a0Another high-profile panel will address what stock exchanges are doing globally to advocate for more women in big business, and will feature the heads of the major African stock exchanges.\u00a0\u00a0Registration for the summit is free and can be accessed at Africa.com\u2019s\u00a0Virtual Event Center<\/a>.\u00a0(https:\/\/virtualeventcenter.africa.com\/<\/a>)<\/p>\n

Cathy Smith was appointed Managing Director of 麻豆原创 Africa in March 2018. She is the first female head of an emerging markets market unit in 麻豆原创\u2019s history. She started her career in the insurance industry as an application developer and spent three years in the UK, consolidating her expertise. Overall, she has more than 30 years\u2019 experience in the IT industry, working for major global industry players like IBM and Cisco.<\/p>\n

\u201cI am truly humbled by this recognition from Africa.com and to be in the company of so many incredible, successful and inspirational women leaders. My\u00a0congratulations\u00a0to each of them,\u201d says Smith. \u201cI believe that diversity of every kind brings enormous value to organisations and is something we should constantly strive for. I would love to see more young women studying in the STEM fields and encourage more women to enter the technology industry. It is such an exciting space to be in and there is so much positive impact we can make, not only in business but also in African communities.\u201d<\/p>\n

Methodology for The Definitive List<\/strong><\/h2>\n

The Africa.com Definitive List of Women CEOs is the product of a data-driven research project that began by identifying all publicly listed companies on all of the twenty-one stock exchanges in Africa \u2013 a list of over 1400 companies.\u00a0From there, the researchers screened the companies to focus on the largest companies \u2013 those with a market capitalization of $150 million USD or larger, resulting in a list of 355 corporations.\u00a0Once the researchers had identified these 355 companies, the largest in Africa, they then searched the public information available on the management teams of these companies.\u00a0In order to qualify for the List, women had to have a CEO or managing director title at the head of one of these companies. The titles were then vetted further by examining where the women fit within the company\u2019s overall organizational structure to ensure that the women truly hold authority that is consistent with their title.<\/p>\n

In addition to the women selected through the process above, the analysis went on to identify two additional groups of women running Corporate Africa.\u00a0One additional group of women are those who run divisions of very large African corporate entities, such that their division, if spun out on its own, would qualify for the list with its own divisional market cap of $150 million USD or more.\u00a0The roles of the women running these divisions were vetted within the context of the company\u2019s organizational structure \u2013 the title alone was not sufficient to make the list.\u00a0The women in this group have profit and loss responsibility for a revenue generating division that would be valued at $150 million or more, on its own.<\/p>\n

Lastly, women who run the entire African region, a region within Africa, or an African country for global corporations listed on international exchanges were then identified.\u00a0To qualify for this group, only international companies with a market cap of $50 billion or more are included.\u00a0The women running these businesses range from those who run a country, such as Kenya or Nigeria, to those who run all of sub-Saharan Africa for these global behemoths.<\/p>\n

Sources:\u00a0We acknowledge African Business Magazine for contributing to the financial data on the African publicly listed corporations.<\/p>\n

For more information, email\u00a0thedefinitivelist@africa.com<\/a><\/strong>\u00a0or contact Africa.com at: +27 11 881 5941.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa.com undertook a rigorous research project to identify the women who run the largest, most complex businesses on the African continent.\u00a0The result of this extensive…<\/p>\n","protected":false},"author":29,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"related_posts":[],"footnotes":"","_links_to":"","_links_to_target":""},"categories":[19013],"tags":[5597900,5587836,5592346,5597902,5597901],"series":[],"sapn-display":[45149,5598743,5598741,279685],"sapn-type":[4448],"class_list":["post-142897","post","type-post","status-publish","format-standard","hentry","category-corporate","tag-africa-com","tag-cathy-smith","tag-ceo","tag-management","tag-women","sapn-display-homepage-hero","sapn-display-news-hero","sapn-display-news-spotlight","sapn-display-hero","sapn-type-newsbyte"],"yoast_head":"\n麻豆原创 Africa's Cathy Smith Scores a Spot on the Africa.com Definitive List of Women CEOs of the Biggest & Most Complex Businesses in Africa - 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