Cleveland Cascades LtdTOC EventsVan AalstTelestackCimbriaTBA Group
  • Vigan
  • Sailors Society
  • TOC Events
  • Port of Stockton
  • Cleveland Cascades Ltd
  • Van Aalst

The future of trading is (more) female

The future of trading is (more) female

(Posted on 16/03/19)

If you talk to women in trading and risk management roles across Cargill, you will hear a range of ideas for how to improve gender inclusion.

Ensuring that men and women are paid the same for the same performance is crucial. So is a flexible work schedule to balance hectic hours monitoring positions in the market with one’s personal life. And mentoring can encourage junior traders to have the confidence to apply for more senior positions.

One thing that women in trading seem to agree on is that culturally, Cargill is ahead of its commodity house peers.

“What’s different within Cargill is our inclusion. We treat women with respect. I’ve always felt that my voice was heard, that there was not a difference if you come with a good trading idea whether you’re a woman or a man,” said Helene Ziv, who leads a team of 50 people as the risk management and sourcing director for Cargill Animal Nutrition.

Yet it’s clear there is still a long way to go. Last year, a Bloomberg article noted that less than 5 percent of senior leaders at commodity trading houses were women. On a statistical basis, Cargill and the entire industry have some catching up to do with other sectors like tech. Women currently constitute 26 percent of the professionals in Cargill’s overall trading job family, a 2 percent uptick from last year. They hold 15 percent of the leadership positions in the same space.

“Unless we make a real change in the numbers and the ratios, we can’t call it a success,” said Rani Misra, who is Cargill’s regional treasurer for Asia Pacific and the 2017 recipient of a leadership award from Women in Mining and Resources for being a trendsetter in inclusion and diversity. “The best way to ensure progress is to put targets on leaders’ performance metrics and make them accountable.”

Ziv agreed: “We need to do much more in terms of promoting women to the top jobs. It will be very difficult to get there without a strong target.”

Both Ziv and Misra laud Cargill’s progress to date, even as they point out that there is further to go. And for those who have recently moved up into more senior trading roles, the positive culture is definitely a strong incentive.

“I love the culture. As I talk to female colleagues here, it’s why they chose Cargill. People can talk equally, and all your mentors are willing to share with you, listen to you, and point you in the right direction,” said Mercy Chen, who is the proprietary trading manager on the vegetable oil desk for Cargill Agricultural Supply Chain Asia Pacific.

Cheng Fan is the Supramax trading manager for Cargill Ocean Transportation in Asia Pacific. She is the most senior female trader in that business, and her team oversees 17 million metric tons of dry-bulk cargoes annually.

“In Cargill, I can be myself,” she said. “I don’t have to try to act like a man. That gives me a lot of space to focus on what I should be focusing on.”

Latest News

Cargill acquires Owensboro Grain Company

(Posted on 05/12/22)

Cargill and Owensboro Grain Company, a fifth-generation family-owned soybean processing facility and... Read more


Rio Tinto to strengthen, decarbonise and grow

(Posted on 01/12/22)

Rio Tinto is providing an update at its Investor Seminar on progress against its long-term strategy... Read more


BioIron proves successful for low-carbon iron-making

(Posted on 29/11/22)

Rio Tinto has proven the effectiveness of its low-carbon iron-making process using ores from its mines... Read more


Rio Tinto, BHP and Fortescue to create safer workplaces

(Posted on 19/11/22)

Rio Tinto, BHP and Fortescue are launching an innovative pilot programme aimed at helping to eliminate... Read more


AJ Steel agreement with KEZAD to expand in Abu Dhabi

(Posted on 19/11/22)

Leading UAE steel pipe manufacturer and exporter, AJ Steel, has signed an agreement with the integrated... Read more


EU fertilizer industry calls for more comprehensive long-term strategy

(Posted on 13/11/22)

Fertilizers Europe has welcomed the recognition of the European Commission that urgent and targeted... Read more


NGFA urge US Congress to prevent rail shutdown

(Posted on 09/11/22)

The National Grain and Feed Association (NGFA) in the USA and 192 other members of the Agricultural... Read more


BHP and Rio Tinto to collaborate on new tailings technology

(Posted on 02/11/22)

Global miners BHP and Rio Tinto have formed a partnership agreement to accelerate the development of... Read more


Trafigura signs German guaranteed US$800m loan agreement

(Posted on 26/10/22)

Trafigura, a market leader in the global commodities industry, has entered into a USD800 million five... Read more


Blastr and Cargill Metals MOU for supply of green steel

(Posted on 26/10/22)

Cargill’s metals business and Blastr Green Steel AS, a developer of decarbonized steel supply,... Read more


Bühler GmbHPort of StocktonPort of South LouisianaThe Wolfson Centre for Bulk Solids Handling Technology ViganSailors Society
  • Telestack
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Bühler GmbH

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping