5 APRIL2025W MAN LEADERGLOBAL W MAN LEADERGLOBAL UPCOMING ISSUESEditor's NoteCrunch Time for European Leaders to Overcome Global Economic UncertaintyThe past few years have been quiet challenging 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 recent economic threat brought about by the global trade war launched by the U.S. has only added to the woes. 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 GWL magazine shines the spotlight on women leaders from Netherlands who have been the catalyst of growth and development. In this special edition read an interview with Lin Xu, the Managing Director of Great Wall Motor Netherlands Investment & Holding B.V., the European holding entity of Great Wall Motor in China, Great Wall Motor, a leading global automotive corporation. With a strong background in business strategy and innovation, she plays a key role in driving the company's growth, particularly in the localization in EU market and international expansion. and international expansion.In this magazine edition also read about CFA Florentine Hanlo, Managing Director--Head of Private Client Solutions, Van Lanschot Kempen. Having joined Kempen as a trainee in 2009, Florentine broke the glass ceilings with her exceptional work ethics and leadership qualities. An alumnus of the Vrije Universiteit Amsterdam (VU Amsterdam), she today leads one of the Van Lanschot Kempen's prestigious divisions.Read more about these women leaders and the secret to their success.Do let us know your thoughts. Rachita SharmaManaging Editor
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