Hiring Directors, Halting Bias: Ideas for Improving Diversity

A public outcry for racial equity and inclusion has amplified the steady drumbeat of calls for banks to diversify their leadership, starting in the boardroom.

“It is very hard for anyone to argue that you cannot find diverse candidates these days. They’re out there,” says Alexander Lowry, a professor of finance at Gordon College in Wenham, Massachusetts, who hosts a podcast series called Boardroom Bound.

At the same time, a nationwide conversation about unconscious bias is underway, and directors are not exempt. “In times such as these, directors must think about the prevailing and pervasive risks their organizations face,” says Kevin Wright, managing partner and CEO of Aeriis Insights Group, a consulting firm specializing in diversity, inclusion and outcomes services.

Read the full article at: bankingjournal.aba.com