Women in Banking: GOP Women on Banking Panel; Boardroom Gains

Banks in the Gulf Cooperation Council are starting to realize that if they want to capture more female customers then they need to recruit more female bankers. Samina Akram is helping empower women in Islamic Finance, running a London-based consulting firm based on Shariah-compliant finance after years running Merrill Lynch's Islamic finance wealth management business. The wheels are turning a little faster for women in the boardroom, according to leadership consulting firm Heidrick & Struggles. Its recent Board Monitor report showed that of 339 new directors appointed to Fortune 500 boardrooms in 2014, 99 were women.