Most Powerful Women in Finance: Candace Browning, Bank of America
Head of Global Research, BofA Securities
On Candace Browning's watch, Bank of America's Global Research division — with its more than 680 analysts across more than 20 countries — was the top-rated research provider overall across eight rankings compiled by Institutional Investor last year.
In addition to initiating coverage of more than 60 global companies, Browning's team launched ESG Meter, a collection of proprietary metrics that assess a company's future financial viability based on its performance along various environmental, social and governance benchmarks as well as data points such as greenhouse gas emissions and board diversity metrics.
Browning's team has been relentless in its coverage and analysis of the pandemic's impact on the markets, reporting, for example, that companies in more than 80% of all industries have experienced some sort of supply chain disruption.
"The coronavirus is one of those rare events in history — like the Great Depression and fall of the Berlin Wall — that will completely reshape geopolitics, societies, and markets," Browning told Barron's earlier this year.
In recognition of her accomplishments, which includes a strong focus on hiring diverse talent, she was named to the inaugural list of the "100 Most Influential Women in U.S. Finance," published by Barron's in March of this year.
Outside of Bank of America, Browning serves on the board of the Dutchess Land Conservancy, a nonprofit conservation organization dedicated to preserving the rural character and open lands of Dutchess County, N.Y.