Sambalpur: IIM Sambalpur Hosts Marmagya 9.0; Business Conclave Emphasizes Women Leadership for Economic Growth
Sambalpur: The Indian Institute of Management (IIM) Sambalpur hosted its annual business conclave, Marmagya 9.0 with the theme “Women Leadership for Business Excellence.” The conclave included a roundtable discussion focused on promoting gender equality in corporate leadership as a means of driving long-term economic growth.
A Platform to Address Gender Gaps
Marmagya 9.0 gathered over 20 influential women leaders from various sectors, including corporate, government, NGOs, and academia. The event drew more than 100 delegates who engaged in discussions on factors contributing to the persistent gender gap in leadership, strategies to close these gaps, and best practices adopted by India and other nations. Panelists emphasized that greater female representation in leadership significantly enhances business growth and supports sustainable development.
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Despite India’s progress in closing the 64.1% gender gap, the World Economic Forum 2024 reports that female representation in decision-making roles remains limited. Through research and partnerships, IIM Sambalpur is dedicated to empowering women in business, academia, and public service by addressing structural barriers to female leadership.
Keynote Speeches and Notable Leaders
The conclave featured a distinguished panel of speakers, including Preeti Bajaj, MD and CEO of Luminous Technologies, Arti Ahuja (IAS), and Rashmi Mohanty, CFO of SBI Card. In his keynote address, IIM Sambalpur’s Director, Prof. Mahadeo Jaiswal, highlighted the importance of bridging gender gaps in leadership, stating, “This is more than a discussion—it’s a movement toward a more inclusive future.”
Aiming for Long-Term Change
The event also highlighted IIM Sambalpur’s collaboration with global organizations, including the UN Global Compact, to ensure that conclave insights inform policy recommendations aimed at increasing women’s participation in leadership positions. These efforts are consistent with the institution’s broader vision for an inclusive India by 2030, which includes initiatives promoting gender equality and equal pay.
