5 SEPTEMBER2024W MAN LEADERGLOBAL W MAN LEADERGLOBAL Editor's NoteLeaders, Pull Up Your Socks to Help Europe Move Towards Financial Stability The past couple of years have been a curve ball for the global economy. Starting from the global pandemic to the Russia-Ukraine war, global events in the recent past have brought with them major challenges for industries across the globe. The European region has been at the receiving end of the hardships brought by aforementioned events which has caused the European economy to contract slightly at the end of last year and beginning of 2023. This was a direct impact of the loss of Russian natural gas and high inflation on consumer spending.Based on data by the European Union's statistics agency Eurostat, among the 20 nations that use the euro currency economic output dropped 0.1 percent in the final three months of 2022 and first three months of 2023 as compared to previous quarters. This resulted in two consecutive quarters of decline which has led to a recession. The times are tough and the need of the hour is for governments and industries to pull up their socks to beat the recession lest it snowball into a deeper problem. In the midst of tough challenges, it is the business leaders who have been working hard to run organizations successfully. The current edition of Global Woman leader magazine shines the spotlight on women leaders of from across Europe who have been the catalyst of growth and development in their respective countries.On the cover we have Switzerland's Caroline Prenn, Founder and Owner, Medical Aesthetics. Caroline has a master's in international business administration and a certification in Health Management. Besides running Medical Aesthetics, she is engaged for Valtech - the experience innovation company - developing business for the DACH Health & Lifesciences industry. Prior to that, her diverse career spanned roles at EPAM Systems, Microsoft, and Accenture, where she developed expertise in strategic planning, business development, and large IT transformation. From Austria we have Dr. Anna Rivna is a dynamic and visionary leader, serving as the CEO of RIVNA Partners. With a profound commitment to excellence, reliability and innovation, Dr. Anna is on the path to leading RIVNA Partners to the forefront of the industry, renowned for its unparalleled service, consultative approach and its strong sense of cultural values.Dr. Pendo Maro, CEO, Pendo SRL from Belgium is another noteworthy leader featured in the magazine. Dr. Pendo holds an MSc in Environmental Management and a PhD in Environmental Change and Policy. Her expertise and dedication drive Pendo SRL's mission to pioneer sustainable solutions, making her a leading figure in environmental entrepreneurship and policy development.Get to know more about these women leaders and their thoughts on leadership and more.Do let us know your thoughts. Rachita SharmaManaging Editor
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