Enthusiastic, European but also very Italian, Luciana Restivo has a degree in modern languages and literature and worked in Italy, Ireland and the UK in marketing, sales and training before arriving in Luxembourg in 2001. Restivo joined the Maison Moderne team as sales manager for Delano magazine in 2010, first to promote the launch and then to support the consolidation of the magazine. Between 2019 and 2022, Restivo was advertising director at Espace Médias. Since October 2022, she has been communications officer at TEDxLuxembourgCity and has been a board member of St George’s International school since 2022.
Paperjam: What are the main challenges you’ve faced as a female independent board member?
Luciana Restivo: The main challenges I’ve encountered as a female independent board member include gaining recognition beyond my primary profession and ensuring that my perspective is considered fully and comprehensively. Additionally, finding the balance between asserting my views confidently and being perceived as overly forceful can be a constant challenge.
How do you handle resistance or scepticism directed at you?
In the past, I used to take it personally, but I’ve learned to present my ideas confidently, supporting them with solid evidence and arguments. It’s always important to listen carefully and try to understand what are the real reasons behind resistance. Very often it’s fear of change, so you need to learn to read in between the lines. You need to look for common ground when you are on a board and act in the best interest for the organisation.
Do you believe gender equality is improving within boards of directors?
My impression is that the situation varies based on the country and its culture. I believe there’s more of an acknowledgment of the issue rather than actual progress. Boards are aware they need more women for varied perspectives and strategy, but the real question is whether they’re willing to truly integrate women into the decision-making process or simply appear politically correct.
What is your opinion on quotas for women on boards?
Whilst quotas have provided opportunities for women to join boards, I believe that a woman should be appointed for her skills and qualifications, not solely based on her gender. Otherwise, it’s not a merit-based appointment.
As a female board member, do you feel a particular responsibility to advocate for gender parity and inclusion?
Yes, as a female board member, I feel a strong responsibility to advocate for diversity, equity, inclusion and justice, with a particular focus on gender parity. I have personally experienced in the past the barriers women face in the workplace, especially in leadership. I already mentor startups at the university of Luxembourg and I took part into the Lhoft programme for women in technology to actively support and mentor other women and sponsor female talent. I am in favour of promoting equality and diversity throughout the organisation.
In your view, how does diversity impact a board’s performance?
In my view, diversity has a significant positive impact on a board's performance. A diverse board, encompassing a range of genders, ethnicities, backgrounds and experiences, brings a wider array of perspectives and insights to the table.
What solutions or policies could foster better gender parity?
To promote gender parity on boards, companies could be required to disclose diversity data and strategies, establish mentorship and sponsorship programmes for women, educate leadership and ensure diverse board nomination pools.
What advice would you give to a woman hesitating to take this path?
If you’re hesitant about becoming a board member, remember that you have valuable skills and experience to contribute. Don’t underestimate yourself. Seek out mentors and sponsors who can support and guide you on this path.
Do you have an anecdote or a defining moment in your career that illustrates the reality of being a woman in this role?
I took on my first role as an independent director in my children’s school, St George’s International School. I felt I wanted to contribute to the community and give something back to the support and fantastic education I had received from the school. That inspired me to take on the position seriously and make it a career. Plus, I have always been inspired by education and I thought it would be a great opportunity to start.
What advice would you give to a young woman who wants to make her mark in society? And what would you caution her against?
My advice to a young woman aiming to make an impact is to discover your passion and align it with your goals, seek knowledge and never stop learning, surround yourself with supportive people, and inspire others by being authentic and acting with integrity. Always remember to stay positive and focused in the face of negativity and avoid shortcuts or compromises that could derail your path to success.