Tag Archive for: VOE

Voice of Experience: Sue Ann Khoo, Partner, PwC Australia

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By Cathie Ericson

Women excel at the one-on-one relationship-building style of networking, which PwC’s Sue Ann Khoo sees as an advantage as she looks back at her career. “I wish I had believed in myself more at first, but when I realized the advantages to being both a woman and able to understand a different culture, it was a huge boost to my career, given the growing number of clients from Asia, many of whom are women as well,” she says, referencing the often-heard “glass” ceiling and “bamboo” ceiling that women and Asians have to break through to succeed in their career.

She advises women never to say no to opportunities, even if they are outside your comfort zone, because that is how you grow. “You have to be brave to ask for what you want because what’s the worst that could happen?” she asks.

A Cross-Cultural Career

A Malaysian native, Khoo completed her university studies in Australia, then returned to Malaysia where she started her career with PwC. After four years she moved back to Australia and has been there 11 years.

In addition to providing tax advice to foreign companies investing in Australia and Australian companies investing overseas, she leads the Southeast Asian desk in Australia.

“Since Australia, a transparent market, is able to produce attractive yields in the current environment, it’s exciting to help new and existing clients invest in areas such as property, healthcare, agriculture, infrastructure and more,” she says. In return, there are significant opportunities for Australian businesses to invest in Asia with the growing middle class population, in sectors such as education, financial services, healthcare and infrastructure.

In her role as the Southeast Asian desk leader, she regularly engages with Australia and South East Asia government including Ministers and Ambassadors and CEOs of private sectors to drive engagement between Australia and South East Asian businesses.

“There is a need to understand the different ways of working interculturally, so leveraging my knowledge of both Asian and Australian cultures helps bridge the divide,” Khoo notes.

Growing Gender Diversity

While she is proud of becoming a partner in 2016, Khoo considers her most acclaimed professional achievement to be the opportunity she has to mentor women of diverse backgrounds and watch them progress.

“It’s important to surround yourself with mentors who believe in you, even sometimes who believe in you more than you believe in yourself, which gives you the opportunity to succeed,”
she says, a role she is now able to fulfill for the next generation.

Diversity is an important part of PwC Australia’s strategy. With a stated target for the new partners of 40/40/20 – as in, 40 percent male, 40 percent women, and 20 percent either; and 20 percent of partners of diverse cultural background, PwC has attained those numbers for the second year in a row with its current roster of 40 percent female partners and 22 percent who are culturally diverse new partner admissions in 2017.  It’s an important initiative to focus on, says Khoo, because she has been surprised at the lack of diverse senior leaders in corporate Australia.

Besides the lack of female role models in Australia, she believes part of the reason is due to the expense of childcare in Australia, one that families in Malaysia often don’t have to shoulder as grandparents are culturally more involved in raising grandchildren , an arrangement that is less prevalent in Australia.

“In Malaysia, many partners and clients in leadership positions were women, and from the start I saw how they were able to balance work and home,” she says, adding that those role models from early in her career helped ignite her determination to become a partner. She acknowledges that her journey to partnership in Australia was not an easy one, as she had to learn the Australia way of working which is different than Asia, spurring the need to learn different styles of working which have helped her cross culturally.

Among the leadership programs that have helped nurture her leadership abilities are the PwC Leadership Talent Pool, designed to offer professional development for directors on the partnership track, and Asian leadership programs such as Asialink Leaders Program and Australia-ASEAN Emerging Leaders Program (A2ELP). She also actively participates in both internal and external diversity events, including serving as a panel speaker for the launch of “Leading for Change, a blueprint for cultural diversity and inclusive leadership in 2016, Australia’s Human Rights Commission initiative.

In her free time Khoo enjoys yoga, which she says relaxes her and also helps her gain perspective. “Holding an uncomfortable pose in yoga is like enduring challenging situations at work,” she points out. In addition, she loves outdoor recreation in the beautiful environs of Sydney and frequently travels to see her family and friends in Malaysia.

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Voice of Experience: Padideh Raphael, Partner, Goldman Sachs Hong Kong

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pad By Cathie Ericson

“Know yourself and be assured of your sense of judgement. This will empower confidence in your decisions,” Padideh Raphael says, noting that this theme has resonated with her since childhood as her mom, a psychologist, raised her with an emphasis on trusting her own instincts, enabling confidence in her choices and encouraging decisive action. “This has been instrumental in allowing me to get to where I am today.”

Finding Her Niche

Although she graduated with a degree in neuroscience, when thinking about a career, Raphael realized that while she loved the field, she didn’t want to work in a lab or a hospital. A close friend recommended she think about finance, and after several rounds of interviews with Goldman Sachs, she began her career at the firm in Goldman Sachs Asset Management in institutional marketing.

Although it was a great introduction to Goldman Sachs, Raphael realized her skills might be better utilized in another part of the firm, and she took advantage of a planned move to London to look into other opportunities. After visiting the trading floor, Raphael immediately knew she belonged in the Securities Division. “I knew I would enjoy the fast-paced environment,” she says, and it’s what she’s done for the last 17 years. After serving as co-head of European Equity Derivatives Flow Sales in London, Raphael moved to Hong Kong three years ago to head Asia Pacific Equity-Derivatives Sales.

“It’s been great to see how markets differ across the world as I have worked in different regions throughout my career,” she notes. As she has gotten to know the Asia market, she views the evolving Chinese economy as the most interesting dynamic she expects to see in the coming years, as China begins to accept external investment to meet a tremendous demand.

Helping Other Women Reach Their Potential

Reflecting upon her career, Raphael pinpoints the moment when she realized she had become a role model for others as an achievement of which she is particularly proud. “As a younger professional, my neck was always craned, looking up to the leaders and drivers of our business and those who were experts at their craft,” Raphael says. “At some point I realized I was that person for more junior members of the group, which is a huge responsibility and one I take seriously.”

“I know I have to be thoughtful about the signals I send,” she says, especially in light of her role as one of the first female partners in international equities.

Her advice to women is to be bold and share your point of view at the onset of your career. “Put it all out there on the field every day,” recommends Raphael. “Women tend to wait for validation before sharing their opinion, but they should speak up earlier.”

Raphael is a first generation American, and her Iranian mom raised her without gender-related boundaries, which served as an important foundation throughout her childhood and into adulthood. “I believe there are no inherent barriers to success in this industry, but in some cases I have seen that women are traditionally raised or shaped to abide by societal norms,” she says.  “To the extent possible, women should be confident in having a place in the discussion.”

Family First at Work and Home

When Raphael went on maternity leave with her first child in London, the firm provided a childcare facility that was available for back-up but not full-time care. However, Raphael was determined that she didn’t want to leave her daughter at home, and told her manager that if she was to come back, she wanted to bring her daughter to work on a full-time basis.

“Goldman revamped the on-site child care policy, which was not only a huge vote of confidence and logistical support for me personally, but a testament to the organization in that they gave me the flexibility to arrange my childcare in a way that suited my family’s best interests.”
Raphael was thus able to come back from maternity leave best-positioned to strengthen her career, in part due to the wellness policies Goldman Sachs adopted.

“My family and my career are the two elements that are the defining points of my identity,” Raphael says. “My husband’s support has been instrumental in allowing me to pursue my career.” She notes that cultivating this type of partnership with one’s spouse is helpful when balancing both a family and career.

Raphael has recently rediscovered her love of reading, reinvigorating her passion for both neuroscience and history. She also describes herself as “mildly obsessed” with the history of the British monarchy, identifying parallels between societies. “The role of women in British royal society was very prescriptive, but even during that time period, there were ambitious women that did not allow societal norms to impede their success.”

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Voice of Experience: Saralyn Cohen, Pro Bono Counsel and Global Director, Shearman & Sterling

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 By Cathie Ericson

Saralyn

One of the keys to career success, according to Saralyn Cohen? Having an open mind about where you’re working. “You never know where you will end up – so take chances and be open-minded when opportunities present themselves,” she says. “A law degree can open multiple doors – so don’t sell yourself short. Take a chance and say ‘I would love to learn that.’ Don’t get too narrow, especially early on in your career.”

Tracing Her Successful Path One Step at A Time

Reflecting on her own route, it’s easy for Cohen to see how each step she took built upon the previous one, eventually leading to her current position, which she has held since 1999. She says that if you had told her in law school this is where she would end up, she never would have believed it. “It’s too good to be true,” she says.

Her dreams of being a lawyer began in middle school as did her passion for thoroughbred horse racing. She had intended to combine the two – forgoing the on-campus interviews during law school to pursue firms that practiced in her niche, typically in southern states. That’s why she and her adviser were shocked when a job was posted looking for someone for a thoroughbred racing law practice in a New York firm.

She got the job and spent several years there – able to practice in her niche, but since racing wasn’t a full time specialty, she was also exposed to other disciples, such as reinsurance and litigation. That led to a job with a medium-size firm where she was hired in the reinsurance practice, working her way up to junior partner.

While at the firm, she and two other associates formed a pro bono committee as a way to professionalize the pro bono practice, and upon her return from maternity leave, Cohen learned of a job availability for the pro bono position at Shearman. “I feel very fortunate to be working at a place I love and doing meaningful work I love,” she says.

Advancing the Specialty

Cohen was the only practitioner in the firm of this relatively new, unique practice and had few people to bounce ideas off of. She soon learned that was the case at most firms, and with fellow practitioners, helped formalize the discipline in the industry, forming the Association of Pro Bono Counsel (APBCo). Ten years later they have 200 members globally and benefit from the opportunity to collaborate with counterparts at other firms.

“We are doing everything we can to try to narrow the justice gap,” she says.

One current topic of great interest is immigration law, helping immigrants know their rights and obtain representation and guidance. As a federal law, it invites collaboration as the issues and the filings are the same in all states. Another new and upcoming field is social ventures, including figuring out sustainability and access to clean water and solar energy and how this discipline can benefit from pro bono.

Industry wide, they also have to counteract the image of pro bono law as “a mommy job,” which she finds slightly offensive as external contacts picture her and her counterparts flitting about the community looking for work or attending galas.

“It’s not an issue within my firm as they understand and value what I do, but one of APBCo’s goals is to underscore throughout the industry that it is a legitimate practice area,” she says, adding that she and her counterparts in the law firm pro bono industry space have the responsibility not to undervalue their work. “We add value in our firm and within the legal profession, and we work hard to do that; it’s not a frivolous job.”

On a broader scale, she hopes women continue to act as role models for more junior women. “It’s vital to have access to mentors and those who can guide you from the standpoint of being a woman lawyer,” she says, noting how grateful she is for how much Shearman is doing to advance the cause.

With a “wonderful husband and two teens,” she appreciates that her job allows her to inspire her kids that everyone can use their skills to address a need in the community. “You don’t wait around for someone to tell you what to do. Take action and get involved – if everyone does a little something, a lot can get done.”

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Voice of Experience: Hilary Rapkin, Senior Vice President and General Counsel, WEX

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By Cathie Ericson

Life is a series of stages, says WEX’s Hilary Rapkin, an observation she was recently reflecting on as advice given to her by a mentor. That means what you feel like when you have a six-month-old baby is not what you’ll feel like when that child is two or four. Life changes, and you can’t base career decisions on those emotions you feel at the start, she says.

Over the years Rapkin has been able to cultivate relationships with professional women in similar stages so they could share common experiences — whether about babies, teens or elderly parents– all in an effort to have a rich life and find the elusive work/life balance. That vision and support is how women can successfully integrate a high-powered career with family, she says.

A Serendipitous Interview Launches an Illustrious Career

After law school, Rapkin joined a boutique firm in Portland, Maine, where she soon found that law firm life, specifically litigation, wasn’t a good fit for her. However, she realized she could parlay the employment discrimination work she was doing into a potential career in HR. While interviewing with WEX, the HR director noted that Rapkin’s experience was a better match to a legal position – one the company was considering creating. She was hired and has spent 22 years at the company, growing from a one-person legal department to today, where she oversees the company’s global legal footprint and has HR reporting directly to her.

Among the many noteworthy experiences she’s had over the years, Rapkin considers her involvement in WEX’s IPO in 2005 to be the professional achievement she is most proud of thus far. The team accomplished the filing in three months – while she was pregnant – and she remembers the fast learning curve as being particularly exciting.

Aside from that, she says that over the past few years she has been involved with the HR function, she has found it extremely satisfying to watch the evolution of cultural elements that make WEX special. “The process that has made our culture so strong has been very intentional, and some of the HR programs, such as philanthropy, have had a meaningful impact on employees that may be hard to measure, but you know it when you see it,” she says. “It’s made me really proud of who WEX is and how it is becoming visible to the outside world.”

She looks forward to seeing how WEX can continue to move forward along that trajectory, and to watching the forward-thinking programs and compensation plans come to fruition.

On the legal front, she is pleased to see investments in technology which will create efficiencies and opportunities for legal staff to develop deeper advisory roles with their clients. The new systems are designed to simplify core processes like contract maintenance in an effort to free up associates’ time for more strategic work, such as building business relationships and helping WEX achieve its business objectives. “It’s hard to work on becoming a trusted business partner if you are mired in contract work, so I look forward to seeing how these additional systems will help our team.”

As the department has grown, Rapkin has become an expert on new business segments, as WEX has moved into the broader payments landscape. She finds that 22 years later, her job is still challenging as she works through evolutions in technology and the complexities that a global payments company present.  She thinks future lawyers will have similar interdisciplinary experiences as law schools couple with business and finance functions to groom lawyers who are more well-rounded when they enter the field.

An Environment Dedicated to Success

While Rapkin never took psychology, she remembers taking the Myers-Briggs personality test. This led her to think about who she was compared to peers, and the effect those different personality styles had on their relationships.

“By knowing your relative strengths and weaknesses, you start realizing that it’s the sum of the parts that makes companies successful, and you don’t have to have the weight of the world on your shoulders,” she says. “It’s important to figure out how to get the best out of your team by managing each individual as an individual.”

She’s proud of the strides WEX has made in implementing programs that she says are a clear depiction of the company’s commitment to offering choices to both women and men, including paid parental leave, which only 17 percent of companies offer. “I hear from people all the time about how that sets us apart, and certainly our profile as a diverse company is bolstered by having three female members on the executive leadership team.”

Rapkin is poised to launch an informal women’s group this summer that will encourage them to learn from one another through informal dialogue around topics like networking, perceptions of women in the workplace and goal-setting.

Gender equality is just part of who WEX is as a company so Rapkin has never felt any gender bias. She does note that sometimes it’s hard to balance parenting and work, although she stresses that her work has ultimately made her a better parent.

A Commitment to Balance

Rapkin takes every opportunity to do yoga as part of her quest for balance, and also counts philanthropy as an important component towards that end. She enjoys bringing her kids, ages 15 and 12, with her to volunteer at a local Jewish nursing home, and is also on the board of a local theater company that often produces original works.

Her kids have inherited her love of adventure, having traveled since they were babies. “We live in a beautiful place, but I want them to see the world,” she says, adding they are looking forward to a summer trip to Chile.

She is also quick to mention that she doesn’t do it all herself.

“I’ve had the same nanny for 15 years; she’s part of our family, and I couldn’t be successful without her. In life, at home and at work, you get out of relationships what you put into them.”

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Voice of Experience: Amanda Rubin, Managing Director, Global co-Head of Brand and Content Strategy, Goldman Sachs

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 By Cathie EricsonAmanda Rubin

“When you work with a group of intelligent and diverse people there are bound to be those who disagree with your opinion, but that doesn’t mean that you shouldn’t speak up,” says Goldman Sachs’ Amanda Rubin.

When first beginning a new position, she recommends focusing on excelling in the fundamentals of your role.  But once you have mastered some of your tasks, Rubin advocates communicating your opinions with confidence. “Sharing a thoughtful opinion backed by good judgment and facts will allow you to differentiate yourself and move forward in a meaningful way,” she says.

As your career progresses, Rubin advises that you are responsible for harvesting talent, and this means allowing junior members on your team to express their points of view: “Remember that your team is looking at you and your actions – from how you treat people and encourage them to be involved in the dialogue to how you engage in your day-to-day activities.”

An Evolving Industry, Ripe For Disruption

After earning her BA in Political Science from Emory University and an MBA from The George Washington School of Government and Business Administration, Rubin dove into the advertising world. She earned positions at top agencies such as Chiat Day, Ogilvy & Mather and DDB Needham Worldwide, where her MBA made her a perfect match with industry-leading financial services clients.

Building on her robust background working with clients in the space, Rubin joined Goldman Sachs’ Brand Marketing and Digital Strategy Group in the late 1990s, eager to parlay her experience into helping to establish the firm’s marketing department. At the time, the firm was just beginning to enhance its external communication efforts as it built its brand in advance of its initial public offering. In support of these efforts, Rubin helped launch Goldman Sachs’ first public website; developed a series of advertising campaigns designed to position Goldman Sachs competitively; and created recruitment marketing materials to further cement the firm as an employer of choice globally.

Almost a decade later as the financial crisis began, Rubin and the team had to evolve their strategy as the firm made a conscious effort to combat an increasingly negative narrative in traditional and social media. “We realized that a lot of people didn’t know what Goldman Sachs does, so we began to actively engage the public in our communication efforts,” she explains.  Previously Goldman Sachs had only targeted a limited set of stakeholders with its marketing outreach, but the crisis became a pivot point in her career as this set of constituents broadened and changed.

“While our approach may be different from other financial services firms who have more of a retail presence, our goal is the same: to demonstrate transparency and share the firm’s purpose and mission.”

Creating her team is the professional achievement Rubin is most proud of to date.  “When I look across the floor and see this talented group of people who are making an impact, it’s gratifying to consider the important role we are playing in shaping the firm’s narrative and explaining the role of Goldman Sachs in the economy and markets.  I am proud of what the team has accomplished and the profile we have earned for the firm.”

As Goldman Sachs has begun its foray into the retail space by taking deposits and making loans, her team has been working closely with the consumer group as they look at new ways to engage and leverage what she describes as “the most innovative toolkit available.”  From Facebook to Twitter, they are constantly seeking new ways to introduce Goldman Sachs’ thinking and expertise to new channels and audiences.

This focus is more important than ever given the general disruption surrounding the intersection of advertising, media and brands.  Previously, each was a separate pillar: a brand would depend on agencies to develop content, which media companies would then distribute.  Now, as brands have the ability to be publishers of content, it allows them to directly share insights with their audience.  “Lines will continue to be blurred, which creates opportunities to establish our own thought leadership platform, distribute content efficiently and partner with new entities,” Rubin says.

Continuous Learning Yields Growth

One reason Rubin has been able to thrive during this time of disruption in the traditional marketing environment is her enjoyment of continuous learning.

“It’s not possible to keep up with changes in this industry if you’re not willing to continuously learn and ask questions, which can be uncomfortable at times,” she acknowledges.  However, she believes being intellectually curious and leveraging talented people is a strength.

In addition to staying abreast of industry changes, Rubin advises that networking is also vital to success in the space.  “That’s the only way you can expand your day-to-day world and contribute in a valuable way to people beyond your immediate sphere,” she says.

An advocate for more formal networking involvement as well, Rubin served as co-chair of the Legal, Compliance, Internal Audit and Executive Office Women’s Network from 2010 to 2014.

“One of the greatest things about Goldman Sachs is our people, and you have a unique opportunity while working here to connect with and learn from a group of incredibly intelligent and accomplished individuals,” she says.

Work and Family: Mutually Beneficial

With two teenagers and a husband, Rubin embraces both her time at work and at home. She finds that being a mom gives her valuable perspective that helps her in the workplace, and in turn, her colleagues give her perspective that helps her be a better mom.

“My kids see me experience highs and lows; they see me working hard and succeeding, but they also see me face challenges, dust myself off and go back to work the next day. I am grateful that work provides me with a platform to teach them these life lessons.”

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Voice of Experience: Leilani Farol, Executive Director, Program Management at J.P. Morgan

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By Cathie Ericson

JP Morgan

“Remember why you were hired, and you will continue to outperform. We brought you in not to conform but to shake things up,” is the advice JP Morgan’s Leilani Farol gives young women.

“Don’t do exactly what your boss does, but do things in a new way that only you can.”

Soft Skills Make the Difference

Leilani is proof that grades aren’t everything. As a self-described C-student, she never let her grades hold her back.

In fact Leilani hoped to parlay her degrees in marketing and computer information services into a position with one of the big companies that was conducting on-campus interviews. She visited one of the IBM recruiters while he was planning for the evening meetings but he told her she wasn’t on the list due to her grades. She persisted, and he said she could talk to him while he prepped for the first real interview; she impressed him so much she got the job.

Her career took off with stops at IBM, 1-800-Flowers, Estee Lauder, Pfizer Pharmaceuticals and finally JP Morgan. This has been her longest tenure to date, a place she has stayed because of the variety of roles within the firm, from tech operations to cybersecurity and her current position in global technology infrastructure.

While she started out as a technical developer, she soon realized her social skills lent themselves to success as a business analyst; Leilani credits these soft skills with being able to attain “unexpected wins” despite her non-traditional background. In an environment where most people rise within the financial industry, she was recently promoted to executive director even though she came into the industry through a different route.

She’s also learned to trust herself. “I could have taken my ‘C-student-ness’ and said that was my path, but I know my ability and what I can offer to any organization so when I was given an opportunity I knew I would take it and run with it. It’s fun to come in every day and be thrown into the deep end.”

One area of particular fascination within the financial industry is technology risk, given the potential for cybersecurity incidents. “We always have to stay diligent with both active and passive plans to address any potential attacks. The hacker’s job is to attack, and mine is to thwart it. It’s a high-stakes game.”

Finding Support As a Woman and LGBT

Leilani counsels women not to put a gender barrier on themselves by assuming they will hit a ceiling. “I encourage them to work on realizing their value as a tremendous asset to the technology industry. You need to get out of your own way and be bold and fearless with all you bring to the table,” she says.

And women need to help one another. One moment that stands out was meeting the CTO who reported to President Obama at a Lesbians Who Tech Conference. At the time Leilani’s six-year-old hated computers, and she was trying to show her the many ways that women were successful in tech. “She gave me her card and asked my daughter to email her. This woman was so busy and did it anyway, and that meant a lot to me.”

In addition to her outside groups, Leilani appreciates the dedicated JP Morgan business resource groups such as Women in Tech and Women in FinTech and notes she’s always been able to find a supportive network of women in technology willing to bring people along.

She also recognizes great strides that have been made in the LGBT movement. She laughs that when she first started in the corporate world, there technically was a LGBT group, yet it was a “secret list.”  Fast forward to 2015 when she co-chaired the Tri State Pride Network, marching her family proudly down Fifth Avenue. “It was positively overwhelming to look around and see the support.

“Being gay is a non-event for me in my corporate life, but it didn’t happen because I did it but because of the fact others paved the way,” she says.

Leilani says that her two daughters, age nine and two, are as different as can be — one more gender nonspecific and the other “a princess.”  She appreciates her wife, who is a psychotherapist and has adjusted her schedule to be with the kids most of the time.

Originally transplanted to the east coast on a volleyball scholarship, she still enjoys sports, particularly following beach volleyball.

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Voice of Experience: Liesbeth Botha, Strategic Digital Transformation Leader at PwC Africa

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By Cathie Ericson

liesbeth

Bringing diversity to any team is an advantage for the entire business ecosystem, says PwC’s Liesbeth Botha. “You get a different perspective from unusual backgrounds and combinations of influences. It’s eye-opening for so many people and paves the way for them to be themselves.”

Academia and Consulting – A Perfect Career Blend 

“Interesting and diverse” are the two words that Botha uses to describe her career. A South African native, she earned her undergraduate degree in electrical and computer engineering and then her PhD at Carnegie Melon University, where she became a prolific publisher of research papers. Based on her publication record, she was sought after to become one of the youngest professors at Pretoria University in South Africa, where she spent 13 years.

She then joined the leadership of Stellenbosch University, a prominent university in South Africa where her portfolio was innovation and commercialization of intellectual property, establishing the policies for start-up companies at the university, as well as the digital transformation of the university. She started a unit that today is still an iconic representation of the university’s focus on innovation.

After six years at Stellenbosch University, she joined the Council for Scientific and Industrial Research, South Africa’s national laboratory, leading the Materials Science and Manufacturing business unit as executive director. In that role she led a number of national technological innovation programs such as the 3D printing of titanium for structural aircraft parts, in partnership with leading global aircraft manufacturers.

Most recently, in 2014, she moved to PwC, first joining the tech consulting practice before landing in her current leadership role in digital transformation. Her first significant accomplishment there was rolling out the G Suite (Google for Work) platform across PwC in 17 countries in Africa, a significant milestone in their digital transformation journey. Next she’ll be spearheading adoption of several other platforms, including Oracle Cloud for finance and engagement management; Workday, a human capital management system; and a new CRM platform, Salesforce. “It is exciting to implement these cutting-edge solutions in the market as a leader in the larger global PwC network,” she says. “It puts a spotlight on us, but we are up for that challenge.”

Being a leader in digital tech is a priority because of the opportunities for disruption and transformation, not only for PwC as a professional services firm, but the implications for clients as machine learning and Artificial Intelligence (AI) become a reality. She sees this as a particularly exciting time, since the theories around AI and pattern recognition have been developed since the ‘80s but couldn’t become a viable option until the proliferation of big data and cloud computing, which provided the data storage and power to allow companies to build and adopt real-world solutions.

As a woman in engineering, Botha says she wishes she had known about the many opportunities that a professional services firm could offer — global opportunities that span different industries and allow you the chance to see the world through totally different eyes than is the case for most people in engineering.

Embracing Her Position as a Role Model

“Having a lesbian woman in the highest position changes the perspective on everything, and I appreciate that I can be a role model for women, lesbians and anyone who’s different from the stereotypes people have in their heads,” Botha said.

“I don’t fit into any box as a woman engineer, with a PhD from one of the leading universities in the United States, then working in academia, moving to leadership positions, and finally joining a professional services firm. Since nothing ‘fits together,’ so to speak, it shows others that being different can give you an advantage.”

She finds that although the structural barriers that impeded women’s professional progress a couple of decades ago have been largely removed, practical barriers remain as women are still the primary caregivers if they have a family, making it difficult to achieve work-life balance.
And, she notes, the other barrier is psychological: Since women don’t have as many role models, they are less likely to form a vision of the person they aspire to be. She sees this changing as women speak out about their experiences, pointing to Margaret Thatcher as holding the type of position that women can now see themselves aiming toward.

Gender is a very defining factor, she says, and the puzzle is that we often don’t know what influences gender-specific behavior. She herself has tried to introspectively determine how she was able to achieve her level of success in a patriarchal society, but can’t point to specific areas where her parents said or did something that influenced her. “I think we still don’t have an idea of how to bring up a child to behave in a gender-neutral manner, so you just do your best as a parent,” she says.

She advises young women not to limit their experiences, but to tackle anything that comes their way. “Just because there are no women in a certain kind of role doesn’t mean you can’t do it,” she says. “Set yourself up for anything that interests you.” She notes that she conquered her various career steps because she believed anything was possible, and that’s the type of approach that women should have.

“Try something, fail fast when you realize it isn’t working and try it another way.”

The Benefits of a Supportive Corporate Environment

As the sponsoring partner for PwC Africa’s LGBT “Be Yourself” network, Botha is proud of the difference it is making for younger people in the organization who weren’t yet comfortable being out at work.

She herself notes what a relief it was to come out to different groups of people, to sometimes experience their surprise and then mostly their acceptance. “It builds self-confidence and trust in the world when you see that, and I’ve been pleasantly surprised each time.”

She says this acceptance won’t happen by itself: Companies must have specific, defined programs with targets because it provides an aspirational goal. “You have to be specific about what you want to achieve,” she says, adding that companies need to be careful not to fall into complacency.

Botha and her wife have been married for 10 years — ever since gay marriage became legal in South Africa –and have two children, a boy and a girl. “Being a parent is one of the most amazing experiences; I never could have anticipated what joy it is,” she says.  And hard work. “I always understood work-life balance intellectually, but it is different when you are experiencing it,” she says.

The family loves traveling, especially adventure travel in their SUV. Botha also rides an on-off-road BMW motorcycle and grabs the opportunity for a quick ride whenever she can.

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Voice of Experience: Chinwe Esimai, Managing Director, Chief Anti-Bribery & Corruption Officer at Citigroup, Inc.

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By Cathie Ericson

chinwe

“Don’t be afraid to experiment. Over time your definition of success will grow and change, which can be helpful to consider as you navigate your career,” says Chinwe Esimai.

“No matter where we are in the professional journey, it’s important to commit to ongoing improvement and not get too comfortable – both for ourselves and for women as a whole.”

That philosophy has carried her throughout the various iterations of her career trajectory.

Innovating Throughout Her Career

After earning her Juris Doctor from Harvard Law School, Esimai began her legal career as a corporate associate at LeBoeuf, Lamb, Greene & MacRae, LLP, where she worked on mergers and acquisitions and capital markets transactions. She moved to the corporate world, doing compliance at MetLife, and worked for Axiom Legal, which provides contract in-house legal services to financial services clients. Her first assignment was at Goldman Sachs, which subsequently hired her in a full-time role covering regulatory audits and inquiries in relation to the firm’s options and derivatives trading businesses.

She then served as assistant professor of law at the University of St. Thomas School of Law in Minneapolis before returning to Goldman in New York in 2011, helping build out its anti-bribery group. In 2012 she joined Citi in a similar role, which she deems a “perfect fit.”

As Chief Anti-Bribery & Corruption Officer at Citi, Esimai oversees Citi’s global anti-bribery program, which develops and maintains a framework for adherence to anti-bribery regulations in over 160 countries around the world where the bank does business. She notes that “beyond adhering to legal and regulatory requirements, it is about doing business ethically, maintaining an ethical culture, embedding that culture in the bank’s processes, and giving employees the tools to mitigate potential bribery risk.” Citi has over 200,000 employees globally.

Esimai is passionate about her work because it has a positive impact on how business is conducted around the world. She also notes that this is a particularly fascinating time to be involved in anti-bribery work at a global bank because of the rapidly changing regulatory environment.

Promoted from Senior Vice President to Director, and subsequently, Managing Director within three short years at Citi, Esimai has overseen global enhancements of the bank’s anti-bribery compliance program from its early beginnings, to now leading a team of professionals managing anti-bribery controls across the enterprise. She also frequently participates as a thought leader in her industry, as well as at global fora, such as the United Nations.

Most recently, she has been involved in an initiative called the “Citi Tech for Integrity Challenge,” a landmark global accelerator program to invite and encourage technology innovators from around the world to submit solutions to help the public sector promote transparency and fight corruption.

A World Economic Forum survey showed that 67 of 144 economies identified corruption as one of their top three challenges. An example of corruption is bribery, which totals an estimated $1 trillion a year.

“I am proud of our work bringing together allies, such as Facebook, Microsoft, IBM, and PwC, and then working with startups to find the best ideas and present them to public and private sector clients to tackle this global issue,” she says, adding that Citi is showing leadership by using innovative technologies to move the anti-bribery and corruption conversation forward.

Supporting Women as a Business Imperative

While there are still very few women at the highest levels, Esimai believes the reasons vary based on the company and the industry. However, one solution remains across the board: Women must get the support they need to ensure they have sufficient development, through both formal and informal support, tailored to their level as they rise in the organization. “Women who have already come so far have to help bring others up,” she notes. She says:

“Since it’s harder to find role models, support helps women stay in their positions, but also underscores the company’s commitment to diversity. As more industries recognize that diversity is a business imperative, support and resources will grow,”

 Diversity as a business imperative recognizes that diversity is not just a nice thing to do, but is an invaluable tool in identifying business opportunities and spotting risk.

Citi demonstrates that commitment on an ongoing basis; in particular Esimai cites the Citi Women’s Leadership Development Program, delivered in partnership with the UCLA Anderson School of Management, as the ultimate in training. “I’m grateful Citi has invested in me and offered me these opportunities, but I also have played a role by taking ownership of my career.”

In addition, Esimai participates as a mentor in the thriving Citi Women Emerging Leaders program as a way of giving back and lifting up other women. “I’m a firm believer in employee networks.”

She adds that beyond on-the-job performance, setting aside time for professional development, while largely discretionary, is worth the commitment. In fact, she notes that these opportunities may be more important than the daily work and yield great fruit over the course of one’s career.  At their very best, they help provide clarity on key strengths, offer tools to be more effective on the job, and expand one’s professional network and vision of what’s possible.

Inspiring Immigrant Women Leaders in the United States and Abroad

 Busy with her husband and three kids, two sons, ages 11 and five, and an eight-year-old daughter, she maintains time to share lessons about what it means to be an immigrant woman and leader. “I came to the United States from Nigeria as a teen and am passionate about helping other immigrant women,” she says proudly. In 2015, Esimai was named the Trailblazer of the Year by the Nigerian Lawyers Association, an award honoring a distinguished attorney whose professional accomplishments and leadership abilities have been recognized in the legal profession (private or public service). She is also an Executive Council member of the Ellevate Network, a global network for professional women, providing opportunities for women to connect, learn, and invest in themselves.

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Voice of Experience: Barbra Bukovac, Partner, Vice Chairman, Mid-Central Region, PwC US

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By Cathie Ericsonbarbra

On most mornings, Barbra Bukovac is up before the sun. Running shoes tied, she’s out the door knocking out a few miles before her day gets started–even when her weather app shows temperatures in the single digits during Chicago’s winter months. “You have to get it in when you can,” Bukovac says with a laugh. For Bukovac, her morning runs are usually an opportunity to think through the day ahead and organize her thoughts, from what she wants to accomplish to where her kids need to be and when. In fact, the new Vice Chairman of PwC’s Mid-Central Region equates running to having a career.

Finding Success in Balance

“When you’re out for a run, sometimes the best thing to do is to slow down for a bit and then speed up when you’re ready,” says Bukovac. “I think the same holds true in our professional lives as well. Sometimes we have to pull back and then accelerate forward when the time is right.”

Bukovac’s career with PwC began over 25 years ago as an auditor in Chicago where she supported PwC’s international tax practice during their busy season, working with both U.S. companies expanding their international footprint and foreign companies doing business in the United States. But once she had her first daughter, she left the firm to work for a client, worried that she wouldn’t be able to balance working at a professional services firm with her family.

“Looking back at that time in my life, I made a really big career decision without stopping to consider what might be possible at PwC. In fact, there were options, but I didn’t ask. I just assumed,” Bukovac said. Three years later, when her husband took a job requiring the family to move to Boston, Bukovac considered a potential return to the professional services industry and to her old firm.

But there were still many assumptions that she needed to overcome – mainly in figuring out how she would be able to balance client commitments while running a household and also having a working spouse. “When I returned to PwC as a senior tax manager, it was critical for me to have direct communication about my schedule with my teams, my clients and the partners for whom I worked,” Bukovac said. What she found was that more people were understanding and supportive of her schedule as they had similar situations and could rely on her to get the work done.

The move would eventually pay off for Bukovac as a couple years later, she was named partner in the international tax group. After working as a PwC partner full-time for several years, she challenged her own assumptions again and asked her leaders for an 80 percent work schedule with Fridays off. “With two young daughters, it was important for me to be involved in their classrooms and connect with the other professional moms who were similarly choosing to take a day at home,” Bukovac said.

Throughout the years, she has continued to appreciate the focus PwC places on flexibility, which she says is the reason she’s been able to advance her career and be successful in her different roles, while still feeling positive about the balance she has achieved with her family.

A Passion for Mentoring Women

As proud as Bukovac was to become partner, she says her greatest professional achievement has been helping to promote other partners. She has sponsored five women on their path to partner, and she describes the feeling as “incomparable” to see their accomplishments and how far they’ve come.

In fact, she says that identifying a role model and mentor was one of the defining moments of her career, knowing she had superiors of whom she could ask questions. While it’s important for both men and women, she says it’s even more critical for women, particularly as they work to achieve balance.

She has a particular interest in tempering the notion that women need to leave challenging positions in order to simultaneously fulfill work and family goals. “You don’t have to opt out of promotions or the next step; women often assume they don’t have the ability to achieve those higher roles, without ever asking,” Bukovac says. She notes that at PwC, all partners and staff are encouraged to communicate both their personal and professional goals with their managers and staff as there are many programs and policies in place to support individuals’ choices both in and out of the office.

“The roads we run all have twists and turns along the way. So do our careers. Sometimes it’s best to slow down, and other times we need to speed up. It’s important to remember that there isn’t one right choice and having the right guidance along the way makes all the difference. I wouldn’t be where I am today without the support of my mentors,” Bukovac says.

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