Armenia Securities Exchange Rang the Bell for Gender Equality

Monday, 6 March 2023


On 2 March, “Ring the Bell for Gender Equality” event on Women’s Empowerment Principles took place at the Alexander Hotel, organized by UNDP in Armenia in partnership with the Armenia Securities Exchange (AMX).

Stock Exchanges around the world host a bell ringing ceremony to raise awareness of the pivotal role the private sector can play in advancing the UN Sustainable Development Goal #5 on gender equality and women’s empowerment.

For the 4th consecutive year, the Armenia Securities Exchange has joined the “Ring the Bell for Gender Equality” international initiative. And this year, more than 117 exchanges from all over the world have joined the initiative.

Hayk Yeganyan the CEO at AMX said in his speech: “All employees of Armenia Securities Exchange have equal rights, and everyone has the opportunity to demonstrate her/his professional abilities and skills under equal conditions. The gender of the employee has not been and can never be a determining factor in any aspect for us. 65 % of our company employees are women. The majority of traders working with us are women. These are not just numbers, but indicators how important women’s participation is in the financial sector nowadays.”

UNDP in Armenia Officer-in-Charge Konstantin Sokulskiy, UN Women Representative Dion Battersby, senior managers from Armenian and Georgian banking sectors also welcomed the event participants.

During the event 14 private Armenian companies signed a joint statement on the Women Empowerment Principles (WEPs).

Note that in 2019 the Armenia Securities Exchange joined the “Ring the Bell for Gender Equality” initiative for the first time, and in 2020 AMX adopted the UN Women’s Empowerment Principles (WEPs), thus serving as an example for a number of Armenian organizations.

The event is organized within the framework of the “Women Economic Empowerment in the South Caucasus” project, which is funded by the Swiss Agency for Development and Cooperation and the Austrian Development Agency.