Between October 2019 and June 2020 women lost jobs at a greater rate than men, while the employment recovery rate in the third quarter of 2020 was slightly higher for men, widening the gender gap. These are some of the key takeaways of BBVA Research’s ‘Gender diversity and training’ paper. According to the report, published on the occasion of BBVA’s diversity workshop (Diversity Days), training is one of the essential factors to reversing this situation and boosting women’s participation in the digital economy, a sector that’s recovering at a faster pace.
Life and Culture
Life and Culture
‘Opportunity’ is a new tool that provides employees with the instruments to independently design their training, development and ultimately, their career within the company. Based on advanced analytics, big data and visualization tools, it advises employees on the skills they must acquire to aspire to positions of interest and allows them to create alerts about tailored job opportunities.
In order for women like Yamile Salazar or Ceneris Espitia – two BBVA Microfinance Foundation (BBVAMF) entrepreneurs – to advance in Latin America they require three basic conditions: financial independence, self-esteem and a sense of belonging, or social integration, among other things.
For yet another year, BBVA renewed its commitment to diversity and inclusion and is named one of the Top 30 Spanish companies with the best practices in the field. It was reported in the 2021 VariableD Report from Intrama’s ECDI Network, comprised of companies committed to diversity and inclusion. The organization presented its conclusions at the 2020 FactorW Diversity Summit which is the largest national congress on this matter.
In a year when company health and wellness programs have proven more important than ever, BBVA USA earned its fourth consecutive Gold Status Health Achievement Award from the American Heart Association (AHA) for its exceptional benefit programs.
In the last twenty years, Garanti BBVA has distributed more than 135,000 million free airline miles for Miles&Smiles credit cards holders, which is enough to travel the world a million times.
Both organizations have announced a global collaboration agreement to promote equality among girls and young people with a focus on female role-models. “We are convinced that we can curb the impact of gender stereotypes in a simple and effective way, by teaching girls about successful women that can help them become aware of all the opportunities within their reach”, said BBVA global head of Talent and Culture Carlos Casas.
The BBVA Foundation is preparing the launch to the new edition of the Frontiers of Knowledge Awards, which will begin announcing its 2020 winners in January. A prelude to the Nobel Prize, Frontiers´ juries have been one step ahead of the Swedish Academy having awarded people who later went on to win the Nobel on 15 previous occasions. For this reason, the international community remains especially attentive to the upcoming Frontiers selection.
Kai-Fu Lee is a Taiwanese-born American businessman and writer, regarded as one of the world’s top AI experts. He graduated from Columbia University in computer science, and earned a Ph.D. from Carnegie Mellon University, where, as part of his thesis, he completed what is considered the first independent speech recognition system: Sphinx.
The COVID-19 pandemic has provoked a global disruption that has severely impacted the world’s health, as well as a multitude of aspects of economic and social life. Since the beginning, the scientific community has embarked on the complex, multidisciplinary challenge of looking for solutions to the various areas that have been affected.
Head of U.S. Compliance Solutions Carolyn Veizaga leads BBVA USA’s Compliance team in the management and execution of global projects, relying on her more than 17 years of experience in financial services, project management, and consulting. We took a moment to get her perspective on motherhood, mentorship, and diversity as a female leader at BBVA.
Carlos Torres Vila participated in an event sponsored by the BBVA Microfinance Foundation, entitled ‘Unstoppable women: Challenges to and achievements of reinvention in times of crisis’. The event, chaired by Queen Letizia of Spain, shone the spotlight on the work of Latin American women entrepreneurs and technology’s key role in propping up their resilience against the economic impact of the pandemic. Development experts from organizations such as SEGIB (Ibero-American General Secretariat), the United Nations Development Program (UNDP), UN Women and representatives of technology companies such as Google also took part in the event.
BBVA celebrated its third annual Values Day under this year’s theme, ‘united by our values’. The event provided the bank’s more than 125,000 employees the opportunity to reflect on and cultivate the BBVA corporate values and behaviors. The activities and workshops organized for this year’s event — unavoidably marked by the COVID-19 pandemic — were moved into a virtual environment, which was available to employees during the days leading up to the event.
There are more than 10,000 team members spread across BBVA USA’s footprint, each with a unique story to tell. Earlier this year, we introduced a new series to celebrate this rich diversity of experience: “Bringing Your Authentic Self to Work.” To recognize Hispanic Heritage Month, we spoke to seven BBVA team members about what they love about their Hispanic heritage and how it has contributed to who they are today. Hispanic Heritage Month, which runs from Sept. 15-Oct. 15 in recognition of several Latin American independence days, recognizes and celebrates the contributions that people tracing their roots to Spain, Mexico, Central America, South America, and the Spanish-speaking countries of the Caribbean have made to American society and culture.