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November 02, 2020 12:00 AM

Groups combine forces to improve the profile of Black women in finance

Paulina Pielichata
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    Pullinger-Taiwo
    Photo: Jennifer Taylor (Pullinger)
    Amanda Pullinger and Jacqueline Taiwo said the joint effort will help their organizations promote diverse voices in money management.

    Finance industry association 100 Women in Finance and London-based non-profit organization Black Women in Asset Management are joining forces to boost the endeavors of Black women in the world of investing.

    The two partners will work together to help advance the careers of Black women in the money management industry by enabling them to cultivate new relationships across the industry. Members of the two organizations will be able to cross-participate in their initiatives, co-program events and receive referrals for public speaking engagements. The initiatives provide industry and media exposure for female fund managers and senior financial technology professionals. The partners want to help members of Black Women in Asset Management benefit from these initiatives.

    The partnership will also bring together both networks for the purpose of expertise sharing, which is aimed at promoting diverse voices in the finance industry.

    "At 100WF, we understand that the lived experiences of Black and African American women working in the finance industry are different — and routinely more challenging — than those of women in majority groups," said Amanda Pullinger, CEO of 100 Women in Finance, in a news release. "I am certain that our alliance with Black Women in Asset Management will help us to better serve the interests and needs of our increasingly diverse, global membership."

    Jacqueline Taiwo, co-founder of Black Women in Asset Management and associate general counsel at TowerBrook Capital Partners, said the partnership will help the network's 250 members to get more visibility at industry events through the collaboration with 100 Women in Finance. "Since lockdown, we have been able to reach a lot more women because our events are all virtual. We found we can do a lot online," she said. "We want to allow members of both organizations to connect," she added.

    "We have (also) launched a Speakers Bureau to build a repository of diverse voices," she said.

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