Advancing diversity, equity, and inclusion in financial services

April 2021

Bank and Insurance Governance Leadership Network (B/IGLN) participants met virtually on March 4 and March 11 to explore good practices for embedding diversity, equity, and inclusion into their organizations as part of the networks’ continuing focus on ESG issues. They acknowledge that progress has been slow, but expressed renewed commitment and discussed practical steps for honest evaluation and improvement in their institutions and across the sector. The discussion highlighted three key areas of focus.

  • Progress requires intention, leadership, and accountability

  • Diversity is not sustainable without inclusive cultures

  • Firms are investing in ways to serve diverse clients better