Connect with us


Women on Boards Project Announces Consortium With Esteemed Private Equity Firms and an Inaugural Cohort of 20 Consumer Companies to Spark Industry-wide Movement Towards Greater Gender Diversity


Women on Boards Project (WOB), a nonprofit with the mission of empowering women business leaders and improving diversity and inclusion at the board of directors level, announces today the launch of a partnership with leading private equity firms and an inaugural group of 20 companies to increase gender diversity and inclusion on consumer private company boards.

The WOB Projects newly formed partnership with leading private equity firms includes powerhouses such as VMG Partners (a co-founder of WOB Project), L Catterton, Swander Pace Capital, Alliance Consumer Growth, TSG Consumer Partners, Encore Consumer Capital and CircleUp. These firms represent a movement to drive change within the private equity industry to bring diversity to boards, recognizing that diversity improves business results.

To start, 20 private consumer companies “ including aden + anais, Mented Cosmetics, Urban Remedy and SimpleMills “ have signed on to the WOB Project, committing to enhancing gender diversity on their boards. The WOB Project will support a new cohort of 20 companies every six months to participate in the initiative pro bono by helping them identify strong, diverse candidates for their boards. For each company, WOB Project will collaborate on a candidate scorecard, compensation parameters, interview and research strategy. From there, WOB Project will provide 5-10 candidates that fit the criteria and will continue to support each company as they work to enhance gender diversity on their respective boards. The WOB Project has developed a strategic partnership with theBoardlist and their community, which comprises 14,000 women, along with the community that WOB Project has developed as veterans within the consumer industry.

Women currently drive 70-80% of all consumer purchasing, said Cassie Nielsen, co-founder of Women on Boards Project and Vice President of Talent at VMG Partners. Without immediately addressing diversity and inclusion in our boards and leadership, our companies and industries will not meet the needs of our consumers and drive the innovation and fact-based decision making needed to drive growth and profitability in this evolving marketplace.

As we spoke with CEOs and private equity firms in our industry, we recognized the urgent need to address board representation, so we launched the Women on Boards private equity consortium and 20-company initiative. The purpose of Women on Boards Project is to create an industry-wide change, said Sheryl OLoughlin, co-founder and co-chair of Women on Boards Project, former CEO of REBBL Inc. and Clif Bar and co-founder of Plum Organics. We are so humbled by the outpouring of support we have received and are energized to jumpstart this movement and make significant strides towards greater gender diversity.

We are honored to partner with the Women on Boards Project, said Robert Brown, Co-Founder and Managing Director at Encore Consumer Capital. In order to take brands within our portfolio to the next level and ensure all represented at the company have a voice, we need to make sure we are hearing from a diverse team. With the help of this initiative, we will be able to find the perfect candidates for the boards of companies such as Ancient Harvest.

We are honored to be among such phenomenal company within the private equity consortium, and TSG is committed to advocating for this change within our portfolio and throughout the industry overall, said Jenny Baxter Moser, Managing Director at TSG Consumer Partners.

We are thrilled to be part of this important initiative and look forward to continuing our portfolios journey toward gender equality both at our boards and company management, said Heather Fraser, Managing Director and CFO at Swander Pace Capital.

For more information on Women on Boards Project, or to become a partner, please visit

About Women on Boards Project:

Women on Boards (WOB) Project was created in 2020 by industry leaders to increase the number of women serving on boards while also expanding diversity including race, ethnicity, age, socio-economic status, and sexual orientation, gender fluidity.

The board of the Women on Boards Project includes:

  • Kara Cissell-Roell, General Partner, VMG Partners
  • Mita Mallick, Head of Diversity and Cross Cultural Marketing, Unilever
  • Brianna Rizzo Brown, Principal, Talent, Stripes
  • Alex Hanifin, Vice President Marketing, the Good Crisp and former CEO Alpine Start
  • Melissa Facchina, Founder, Siddhi Shots
  • Cassie Nielsen, Vice President of Talent, VMG Partners
  • Sheryl OLoughlin, former CEO of REBBL Inc. and Clif Bar and co-founder of Plum Organics

For more information, please visit

About Women on Boards Private Equity Consortium:

The WOB Private Equity Consortium is formed of the below industry leaders who are committed to diversifying the boards of their portfolio brands. For more information on the Women on Boards PE Consortium, please visit

About Women on Boards 20 Company Initiative:

The WOB 20 company initiative will select 20 companies every six months to help them find the right candidates for their boards. For more information, or for consideration for the next initiative, please visit

Denisa Caldova

[email protected]

Baldeep Tahim

[email protected]


Chaser releases payment portal to help users get paid sooner by simplifying payments


London, United Kingdom, Jan. 23, 2021 /PRNewswire-PRWeb/ — Chaser Technologies Limited (Chaser), the global credit control automation platform, today announced the release of a Payment Portal, in app, that enables the customers of users to see all invoices due in one place and pay them instantly.

Chaser has helped over 800+ businesses improve their chances to be paid, and much faster, too. Now, in addition to sending email reminders to their customers, users can send access to the Payment Portal, which gives full visibility over all paid and due invoices, as well as access to relevant, downloadable documentation in one place.

With the Payment Portal, users improve their chances of getting paid by offering multiple payment options, such as instant card payments and international bank transfers. The Payment Portal is seamlessly connected with Chaser and can be easily added into payment reminders.

Sonia Dorais, CEO of Chaser, has said: “The customer payment portal is a non-negotiable part of a credit control automation solution, particularly for companies building out a holistic customer experience. By launching the Payment Portal so early in the year, Chaser is hoping to offer some relief to SMEs that have been struggling more with late payments since the start of the pandemic. Our aim is to make getting paid as easy – and quick – as possible, for our users and also for their customers. All businesses should have the confidence that they will get paid for their work.”

Pedro Sampaio, CTO of Chaser, has said: “Having a customer payment portal allows our users to provide their customers with visibility on payment information, access to payment options, and the freedom to pay in the way they want. We're pleased with the results from BETA testing, received much positive feedback from users and look forward to continuing to innovate our tech in this space.”

More information can be found here or by signing up for the webinar here.

[email protected]

Chaser Technologies Limited helps small and mid-size businesses get paid sooner with its award-winning payment chasing automation platform, debt collections services and outsourced credit control services. Since launching in 2014, Chaser has been dedicated to solving this late payment problem for all businesses that sell on payment terms. By sending automatic and intelligent reminders, the software and service provider effectively gets invoices paid on time without losing the human touch. To date, Chaser has helped users chase over £3 billion in overdue invoices.

Chaser was named the Accounting Excellence 'Cloud App of the Year' three years in a row (2017, 2018, and 2019), Xero's 'App Partner of the Year' (2016), and App Partner of the Month (August 2019).

Media Contact

Sonia Dorais, Chaser Technologies Limited, +44 7702897355, [email protected]

Twitter, Facebook


SOURCE Chaser Technologies Limited

Continue Reading


American Express Malaysia on building a culture of transparency and trust through colleague experience


KUALA LUMPUR, MALAYSIA – Media OutReach – 13 January 2021 – In a new normal that is constantly changing and transforming, people are at the heart of an organization’s continuity and success more than ever before. Events of the past year have shown how critical engaging employee experiences are in driving performance as organizations dug deep to draw strength, inspiration and ideas. 

[View Image]


Helping organizations to put their people at the center of performance is Kincentric, a Spencer Stuart company with a unique approach to human capital. With decades of expertise in culture and engagement, leadership assessment and development, and HR and talent advisory services, Kincentric helps organizations to be the best in the business through the Kincentric Best Employers program.


Kincentric Best Employers is a leading employer benchmarking program which measures and recognizes extraordinary employers who demonstrate workplace excellence. For 20 years, the Kincentric Best Employers program has recognized leading employers across the world who are committed to realizing great workplace experiences with the Kincentric Best Employers certification, backed by over 50 years of employee research and a global database of over 15 million employees. Selected by an independent panel of judges, these organizations are leading the way in aspects that are crucial for success — employee engagement, agility, engaging leadership and talent focus.  


This year, five organizations were awarded the Kincentric Best Employers in Malaysia, selected by a 3-person judging panel composed of industry-leading HR professionals.


Reflecting on Kincentric Best Employers in Malaysia 2020, judge Dato’ Tharuma Rajah who is also founder and CEO of Garage Analytics commented how “the recent pandemic has proven with empirical evidence that employee engagement is critical during tough times. The ‘X’ factor is senior leadership and people managers who create the motivational energy that compels employees to action even when they are working remotely. We have seen how various companies have done engagement practices in a very innovative and creative manner which had a positive impact on their business results.”  


Standing ‘head and shoulders’ above the rest in this year’s program is Kincentric Best of the Best Employer in Malaysia 2020, American Express Malaysia. The global services company was also inducted into Kincentric Best Employers in Malaysia Hall of Fame, after winning the Best Employer in Malaysia for the 10th consecutive year.


“We first joined Kincentric Best Employers program in 2005 as we were interested in the program structure and learnings it could offer. Through the years, this program has not only helped us gain valuable insight into how colleagues feel about our people practices, it has also helped us acquire external perspective through knowledge sharing and best practices. Being included in Kincentric Best Employers in Malaysia Hall of Fame is an incredible validation of our relationship with our colleagues,” said Ryan Lai, Vice President and General Manager of American Express Malaysia.


American Express won Kincentric Best of the Best Employer in Malaysia 2020 by delivering an exceptional people-centric experience through three key areas — trust, open communication and top team alignment.


Lai says, “Our first focus and priority was ensuring our colleagues felt safe and had the flexibility and resources they needed at home to continue delivering world class services to our customers.”


When we moved to work from home arrangements, we introduced an initiative called business leave, to allow colleagues to take paid time off without having to use their annual leave when they had valid reasons at home that prevented time from being able to work, such as needing to care for their children or parents’ needs until end of 2020. For colleagues who had their work or job scope impacted by the pandemic, we reallocated them to other business areas to keep them motivated, engaged and invested in delivering their best,” said Anjum Ghaffar, Director Human Resources, Market Head Malaysia.


Recognizing the importance of a health and wellness culture from the start of the pandemic, American Express Malaysia embarked on three key initiatives beginning with the launch of a telehealth service called CareClix for colleagues and their immediate family members. Available 24 hours a day, 7 days a week for free, colleagues and their loved ones could consult doctors and access expert medical care via phone, video chat or a mobile app from the comfort of their homes.


The company also provided a one-year complimentary subscription for Calm, a mental fitness app that provides motivational podcasts, stories and soothing music designed to help manage stress, experience better sleep and reduce anxiety. The app completed other dedicated wellbeing activities such as mental wellbeing sessions, virtual meditation and virtual yoga. Helping to alleviate medical concerns, colleagues and their enrolled dependents were also provided with enhanced Covid-19 medical coverage covering testing, hospitalization and death benefits at no additional cost to them.   


With a young workforce composed of mostly millennials, American Express also found many of them faced difficulties especially during the lockdown and with transition to working from home. Having never experienced a crisis in their professional life, inherent stresses and anxiety from being isolated had a greater impact on younger colleagues.


“We recognized that we needed to support each other, so we quickly mobilized ourselves into action. Communication was a key part of our support and wellbeing strategy, and we knew we had to do so not only frequently but meaningfully,” explained Lai.


Despite having achieved so much the past 10 years, American Express is not resting on its laurels. The company expects a hybrid working model will be the next big change for employee engagement and is already looking at how to better connect colleagues with corporate culture in a virtual world.


Lai concludes, “We are beyond honored to be recognized as the ‘Best of the Best’ by Kincentric Best Employers 2020, particularly in a year of unpredicted changes that tested our ability to adapt and brave new ways of working together. As a company that believes in the powerful backing of our people for progress, we believe that this success is a true testament of the positive work culture and a holistic employee experience that we continuously strive to build upon. We dedicate this win to all Amex colleagues in Malaysia — which motivates us to continue building a great, diverse place to work and thrive in with opportunities to learn and grow both professionally and personally. I truly believe that when we strive to become better than we are, everything around us becomes better too.”

Continue Reading


DHL Express continues to strengthen its global aviation network with the purchase of eight additional Boeing 777 Freighters


  • The Express division of Deutsche Post DHL Group invests to meet continuous growth in cross border time-sensitive shipments
  • Fleet modernization with highly efficient aircraft contribute to Strategy 2025 and Sustainability goals
  • Boeing and DHL Express also agreed on the option to purchase four additional freighters 

SINGAPORE – Media OutReach – 13 January 2021 – DHL Express, the world’s leading express service provider and Boeing announced today that the global logistics company placed an order for eight additional new Boeing 777 freighters. The investment marks a further step in DHL Express’ expansion of its intercontinental air network to meet customer demand in fast growing international express shipping markets. First deliveries are scheduled for 2022.

[View Image]

DHL Express has placed an order for eight additional new Boeing 777 Freighters to meet growing customer demand for international express deliveries.


“Although the current health crisis has pushed pause on several areas of life, global trade did not stand still,” said John Pearson, CEO at DHL Express. “Fueled by globalization, digitalization and the unprecedented demand of our customers during the recent peak season, our global e-commerce volume grew by more than 40 percent in Q4. With the order of eight new wide body freighter aircraft, we underline our conviction that e-commerce is an enduring megatrend. This is why we decided to act early and kick-off 2021 with this investment in our future.”


The world’s largest and most capable twin-engine freighter, the B777 supports future growth while providing outstanding reliability. Furthermore, the aircraft will contribute to DPDHL Group’s sustainability goals due to its fuel efficient technology reducing CO2 emissions by 18 percent compared to the legacy B747-400s.


“A highly efficient and reliable aviation network is key to our service capabilities enabling future growth,” says Travis Cobb EVP Global Network Operations and Aviation at DHL Express. “We are committed to providing the highest quality and efficient services to our customers at the fastest possible transit times.  At the same time, we are also committed to reduce our carbon emissions by modernizing our fleet with the most efficient aircraft type that is available in the industry. The Boeing 777 fits well into our intercontinental network and perfectly complements our sustainability goal to achieve net zero emissions by 2050.”


The 777 Freighter is the world’s largest, longest range and most capable twin-engine freighter with a range of 9,200 km (4,970 nautical miles) and can carry a maximum payload of 102,010 kg (224,900 lbs). It allows DHL Express to make fewer stops and reduce associated landing fees on long-haul routes, resulting in the lowest trip cost of any large freighter.


“We remain optimistic about our growth prospects underscored by the e-commerce boom and as globalization continues to assert its strength and relevance,” said Ken Lee, CEO of DHL Express Asia Pacific. “In addition to bolstering the approximately EUR 60 million that we have committed to boost our air network in Asia Pacific from 2020-2022, these continued aviation investment will equally help to ensure that we have the safest and fastest deliveries in the industry as we assist with the delivery of Covid-19 vaccines to countries all over Asia.”


Preceding the new order announced today, DHL Express had already taken delivery of the first ten new B777F aircraft as part of an original order of 14 aircraft made in 2018. These timely deliveries ensured that DHL could accommodate the unprecedented demand during the peak shipping season.


Boeing’s 2020 World Air Cargo Forecast anticipates significant increase in demand for new and converted freighters with a fleet growth of more than 60% over the next 20 years. This is reflected in the growing demand for cross border time definite shipments that DHL Express is experiencing. For this reasons both companies have also agreed on options and purchase rights for four additional planes.


With this step DHL Express underlines its long-term commitment as an enabler of trade around the globe. The company operates over 260 dedicated aircraft with 17 partner airlines making over 600 daily flights across 220 countries and territories.

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.


DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 63 billion euros in 2019. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve zero-emissions logistics by 2050.

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

Call for Entries

Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate

Latest Posts

gbafNews28 gbafNews28
News45 mins ago

Chaser releases payment portal to help users get paid sooner by simplifying payments

London, United Kingdom, Jan. 23, 2021 /PRNewswire-PRWeb/ — Chaser Technologies Limited (Chaser), the global credit control automation platform, today announced...

gbafNews28 gbafNews28
News54 mins ago

CUHK Business School Research Finds People Adapt and Grow More Conscientious When Promoted to Supervisory Roles at Work

HONG KONG SAR – Media OutReach – 14 January 2021 – “It’s not who I am underneath, it’s what I do that...

gbafNews28 gbafNews28
News54 mins ago

Marine Stewardship Council: Assortment of top chefs combine for sustainable seafood cookbook

The collaboration aims to encourage shoppers to make the best environmental choice when buying the seafood they love   SINGAPORE...

gbafNews28 gbafNews28
News54 mins ago

DHL Express continues to strengthen its global aviation network with the purchase of eight additional Boeing 777 Freighters

The Express division of Deutsche Post DHL Group invests to meet continuous growth in cross border time-sensitive shipments Fleet modernization...

gbafNews28 gbafNews28
News54 mins ago

American Express Malaysia on building a culture of transparency and trust through colleague experience

KUALA LUMPUR, MALAYSIA – Media OutReach – 13 January 2021 – In a new normal that is constantly changing and transforming, people are...

gbafNews28 gbafNews28
News54 mins ago

“MeCan Trade” – the 1st Social Commerce – Launched To Help Malaysians Trade Across Borders Without Capital Nor Risk

KUALA LUMPUR, MALAYSIA – Media OutReach – 13 January 2021 – Into a new year, the Covid 19 pandemic continues to impact lives...

gbafNews28 gbafNews28
News54 mins ago

Employment in Taiwan Gains Optimism in 2021 Driven By Growth in Sustainable Energy

TAIPEI, TAIWAN – Media OutReach – 13 January 2021 – Professional recruitment services firm Michael Page Taiwan today launched the...

gbafNews28 gbafNews28
News54 mins ago

Give Gift Boutique Predicts A Sales Boom of Preserved Flowers on Valentine’s Day Due to The Growing Demand of Floral Gifts During COVID-19

HONG KONG SAR – Media OutReach – 13 January 2021 – The coronavirus pandemic has taken a sharp toll on stores, and online buying...

gbafNews28 gbafNews28
News54 mins ago

South Korean Startup bitsensing Introduces the Smallest Radar for a Health Monitoring System at CES 2021

The mini Healthcare Radar, mini-H, Creates a Safer and More Convenient Monitoring System for Telehealth   LAS VEGAS, NV – Media...

gbafNews28 gbafNews28
News54 mins ago

Joinland Group Anticipates Better 2021

New Agricultural Projects Expected To Contribute To Group Revenues   KUALA LUMPUR, MALAYSIA – Media OutReach – 12 January 2021 –...