"A key contributor to effective independent board leadership is diversity of thought, which requires directors with different skills, backgrounds and expertise", SSGA's President and CEO, Ron O'Hanley, said in a statement.
The statue, titled "The Fearless Girl", was made by Kristen Visbal and was installed on Tuesday, on the eve of International Women's Day. She said the financial giant also is working with companies in Great Britain and Australia to urge them to pursue diversity in board membership.
Although its permit is only for a week, the advertising agency behind the stunt is negotiating with NY officials to keep the statue there permanently.
Personally, I think she should stay there forever. The 50-inch bronze statue stands with hands on hips, eyes locked on the iconic bull. Named "The Fearless Girl", the sculpture shows a determined young girl facing down the Wall Street landmark. Bull, as part of a campaign by USA fund manager State Street to push companies to put women on their boards, in the financial district in NY.
The bull serves as a symbol of optimism, hope, and financial prosperity for Wall Street, and SHE makes a flawless addition to those same ideals.
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Almonte said it's hard to hold Abrianna's attention for a long time, but she tried to explain what the statue represents and what International Women's Day means.
"We're actively pursuing that it stays for a month", a spokesperson for State Street told Reuters. Travel and Leisure reported Chris Ailman, chief investment officer of CalSTRS, as saying that the statue identifies the financial markets that the future will have to lean on in the investing power of women. His iconic Charging Bull achieved worldwide fame since he installed the sculpture in front of the New York Stock Exchange even while facing the risk of incurring city permit violations.
In a March 8 press release, Visbal said the work is features a daring and confident young girl, cast in bronze.
Arturo Di Modica, the sculptor behind the "Charging Bull", snuck it onto Wall Street one night in 1989.
On Twitter, people using the hashtag #FearlessGirl are calling for the statue to remain on Wall Street.