Professional development

While many companies and organizations try, diversity and inclusion efforts within the financial services have generally failed. What needs to be done in order to succeed? Join us for a panel discussion featuring guests from the Access Denied: Systemic Racism in Financial Services podcast.

Aissatou Barry-Fall, a 30-year veteran of the credit union, has been promoted to chief executive.

Myra Toeppe, who had been serving as acting director since January, will take on that role permanently.

The Florida company has created a series of programs to coach leaders on motivating employees and avoiding conflict.

Jay Williamson will take over at the Sierra Vista, Ariz.-based institution after Brian Barkdull retires.

Ann Goldinak will take the helm of the New Jersey-based credit union when John Culp retires in December.

Gail DeBoer has announced her plans to retire in early 2021 after more than three decades at the Nebraska-based institution.

While some institutions have held off on staffing up for new projects, many mission-critical positions at the executive level are still being filled. It may take until well into 2021 before normal patterns return.

The credit union regulator has no immediate plans to bring staff and examiners back into the office, but Chairman Rodney Hood said staying remote would remain an option for all staff members during Phase 1 of any return.

Despite tangible evidence dispelling that it's hard to find Black talent, the financial services have yet to crack the code when it comes to building a representational workforce. But is it a sufficient solution on its own?