A night of celebration
If you had to sum up our 2019 Most Powerful Women in Banking and Finance gala with a single theme, it would be this: Lift as you rise.
Keynote speakers at Thursday night’s gala called out mentors who had helped them along their path and urged others in the audience to be allies to the next generation of women.
“We’re all here tonight because at some point a man or a woman played a critical role in giving advice or giving us an opportunity or coaching us in a time of need or just encouraging us,” said Barbara Desoer, the former chief executive of Citibank,
Cathy Bessant, who was recognized as
“Barbara had the courage and the grace to tell me things I did not want to hear,” Bessant said.
LeeAnne Linderman, a former executive at Zions Bancorp. and
Many other CEOs were also in attendance. They included Andy Cecere of U.S. Bancorp, John Turner of Regions Financial, and Bill Demchak of PNC Financial Services Group. Beth Mooney, who will retire in May from her post as CEO of KeyCorp, and her successor Chris Gorman also attended. So did HSBC USA CEO Patrick Burke and his successor Michael Roberts.
Foreign-owned banks were well-represented at the gala too, including Jean-Yves Fillion, CEO of BNP Paribas USA, Greg Braca, CEO of TD Bank USA, Darryl White of BMO Financial Group and David Casper of BMO Harris Bank.
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Citigroup CEO Michael Corbat
“Men, we have been part of the problem, so we have to be part of the solution,” he said. “Because it has been so widespread for so long, leaders like us — who have achieved positions of authority — bear an even greater responsibility to stick it in the dustbin of history.”
See video clps of the speakers by clicking on these hyperlinks:
And don’t miss …
She turned around troubled business units, rebounded after a demotion and beat cancer. Now Bank of America’s chief operations and technology officer is taking on her biggest challenge yet: ensuring AI is used responsibly.
When she was growing up, Thasunda Duckett's family used crates as furniture and struggled to buy groceries. Now she's become one of JPMorgan Chase's most visible executives, using the lessons of her past to help guide the company's massive branch expansion.
A regulator’s view: Banks sometimes think it’s tough dealing with examiners, but what do the examiners think? Maryann Kennedy dishes about the good and the bad during her 30-year stint at the Office of the Comptroller of the Currency. “Walking into a male-dominated boardroom as a young female examiner sometimes made delivering bad news more difficult for me,” the senior deputy comptroller for large banks supervision wrote
Banking equality: In an effort to bring more immigrants and millennials into the banking system, Julieann Thurlow, CEO of the $578 million-asset Reading Cooperative Bank in Massachusetts
In other news ...
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Hiring trouble: In another settlement, Bank of America has agreed
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In case you missed it
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