BAI, a nonprofit independent organization that delivers the financial services industry’s most actionable insights, has announced the expansion of its programs to help financial services leaders better understand diversity, equity and inclusion (DEI) issues, moving these efforts forward in a more tangible and meaningful way. As financial services leaders nationwide take additional actions to ensure they build diverse, equitable organizations and communities, BAI’s DEI programs will provide the data, resources and insights needed to complement those strategies and encourage collaboration across the industry.
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“Building teams with diverse backgrounds, thoughts and beliefs in an environment of respect leads to better collaboration and business results. And trust and respect cannot be built without listening, understanding and empathizing with uncomfortable social injustices and discrimination.”
“BAI believes that fostering a diverse, equitable and inclusive workplace culture is critical for financial services organizations to meet employee, customer and shareholder expectations,” said Debbie Bianucci, BAI’s president and CEO. “Building teams with diverse backgrounds, thoughts and beliefs in an environment of respect leads to better collaboration and business results. And trust and respect cannot be built without listening, understanding and empathizing with uncomfortable social injustices and discrimination.”
BAI’s DEI commitment to action incorporates industry research, thought leadership content, training courseware and peer events that provide leaders with the actionable insights and resources needed to strategically build and foster more diverse and inclusive workplaces. As part of this industry focus, the BAI Banking Outlook market research program and other surveys will deliver timely, relevant information on key diversity, equity, and inclusion topics. Financial services leaders can leverage this information to enhance hiring strategies, better engage associates and empower their organizations to make strong long-term strategic plans. The latest BAI Banking Outlook report will be available across multiple digital platforms in July and August 2020.
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To help financial services leaders understand how their diversity initiatives are performing relative to their peers, the BAI Talent Management Benchmarking program has been enhanced with additional diversity-related metrics and will continue to expand to provide essential data and insights for leaders. Additionally, BAI is connecting senior executives across the industry with its newest BAI Executive Roundtable, the BAI Diversity, Equity & Inclusion Executive Roundtable. Diane T. Ashley, former founding Chief Diversity Officer and Omni Director, New York Federal Reserve Bank and CEO of DTA Diversity Counts, will facilitate the roundtable. Ashley also developed and directed transformative diversity initiatives for global Citigroup. This unique and powerful program creates an environment where Chief Diversity Officers and other senior-level financial services leaders responsible for DEI can openly discuss key issues and challenges, sharing insights and collaborating to collectively drive positive change.
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