The Central Bank of Montenegro held a ceremony to mark the completion of the second cycle of its Women on Boards Montenegro education programme, awarding certificates to participants. The initiative, launched in 2023, is designed to increase women’s participation in economic decision-making roles and support alignment with European Union expectations on gender-balanced representation. The months-long programme provided training in corporate governance, regulatory frameworks and leadership, delivered with experts from Montenegro and abroad, and was implemented with the European Bank for Reconstruction and Development as a key partner. A total of 42 women have completed the programme across its first two cycles, forming a network positioned for board and senior decision-making roles in large private and public enterprises. The Central Bank linked the programme to regulatory developments, noting that the EU Directive on gender-balanced representation in key economic decision-making positions has been transposed into Montenegro’s new Law on Companies, which is expected to be adopted by the end of July 2025.
Central Bank of Montenegro 2025-06-18
Central Bank of Montenegro awards certificates to second cohort of Women on Boards Montenegro programme
The Central Bank of Montenegro concluded the second cycle of its Women on Boards Montenegro programme, aimed at enhancing women's participation in economic decision-making roles. The initiative aligns with the EU Directive on gender-balanced representation, now incorporated into Montenegro's forthcoming Law on Companies. A total of 42 women have completed the programme, supported by the European Bank for Reconstruction and Development.