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Building diverse cultures a work in progress Print Despite efforts by investment managers and other financial services firms to improve diversity, the industry still is not where it needs to be. Executives no longer need to explain the thesis behind creating diverse teams particularly in terms of bringing cognitive diversity to investment but statistics show more work needs to be done, panelists said on a roundtable discussion among senior women in the finance industry, organized by Pensions & Investments. Research by the CFA Institute, which has dedicated resources to the topic of gender diversity, shows that female representation among positions at the core of the investment management industry CEO, CIO, portfolio managers and research analysts hovers at 15% and below. And so we still have a long way to go on that, said Margaret Franklin, Toronto-based president and CEO of the institute. ....
Traders Magazine MSCI has appointed Tia Counts to the newly created role of Chief Diversity Officer, effective May 17, 2021. Based in London, Counts will report to Scott Crum, Chief Human Resources Officer. She will be responsible for operating across MSCI to align our Diversity, Equality and Inclusion (DEI) goals with business outcomes. She joins from JP Morgan’s Asset & Wealth Management business where she served as Global Head of Diversity and Inclusion. Laide Majiyagbe has been appointed Head of Financing and Liquidity assuming oversight of BNY Mellon’s Securities Finance, Liquidity Services and Collateral Segregation businesses. In this newly created position, she will oversee the strategic direction for BNY Mellon’s financing, collateral and short-term liquidity offering. She joins BNY Mellon from Goldman Sachs, where she spent 14 years serving in a variety of positions, most recently as Global Head of Liquidity Projections in the firm’s Corporate T ....
Life and pensions consolidator names CEO, as Aussie firm makes changes to wealth management arm Chesnara He leaves his role as chief commercial officer at Royal London. Murray replaces John Dean who is stepping down as group chief executive to retire at the end of the year. AMP The Australian firm makes changes to its wealth management operation. Matt Lawler is managing director of advice and was previously chief executive of wealth management of Yellow Brick Road. Anna Shelley is appointed chief investment officer and having spent over 13 years with Jana, as well as Perpetual Investments. She is replacing Debbie Alliston, who is retiring from executive positions and will finish on 31 July after 10 years of service. ....
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