Fink acknowledged that BlackRock, the world's largest asset manager, is embroiled in some broader cultural problems, and highlighted measures it is taking to try to improve.
"Our strategy includes: mitigating bias in our hiring and talent management practices; providing professional development, sponsorship and executive coaching opportunities; raising awareness of DEI [diversity, equity, inclusion] matters; and resetting behavioral expectations across the organization," Fink wrote.
Earlier this year, a former employee published a Medium post saying she faced discrimination and harassment at BlackRock.
After that story hit headlines across the globe, BlackRock said it would enlist Paul, Weiss, Rifkind, Wharton & Garrison to review diversity and inclusion matters.