6 women changing the face of leadership in banking and finance
Women have always had an impact in the world of finance and banking, but they are observed more than ever in today’s market. Women are increasingly taking on leadership positions in all areas of finance and banking, many of them at Fortune 500 companies. Here are five inspiring women to watch who prioritize community, diversity and women when running their workplace.
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Thasunda Brown Duckett is President and CEO of the Teachers Insurance and Annuity Association of America-College Retirement Equities Fund (TIAA). Prior to joining TIAA, Duckett worked as Managing Director of Chase Consumer Banking. Prior to that, Duckett held senior positions at Chase Auto Finance, Chase Mortgage Banking and Fannie Mae. At TIAA and in his previous roles, Duckett strives to help communities of color succeed financially, educationally and professionally. Duckett is very active in her community and sits on the boards of several companies and universities. To further support his community, Duckett founded the Otis and Rosie Brown Foundation to recognize those who make a big impact in their communities.
Diane Morais is President of Personal and Commercial Banking at Ally Bank, where she was instrumental in launching the Ally brand in 2009. At Ally, Morais oversees customer service and the community reinvestment program for Ally Bank. ‘Ally. Prior to working at Ally, Morais spent twelve years at Bank of America and nine years at Citibank in various roles. Recognizing her leadership, American Banker Magazine placed Morais on its “25 Most Powerful Women in Banking” list for five consecutive years. Morais is active in her community in Charlotte, where she serves as executive-in-residence for Queens University and volunteers for several institutions. Her career and community activity led to her being named one of the 25 Outstanding Businesswomen to have won one of the Charlotte Business Journal’s 2018 Women in Business Awards.
Lule Demissie is the US CEO of eToro, a social investment network. At eToro, Demissie oversees the company’s expansion and investments in the United States and helps build a customer-centric platform to increase adoption. Prior to joining eToro, Demissie was President of Ally Invest, where she led Ally Invest Securities, Ally Invest Advisors and API Business Lines. Demissie has also held various positions at JP Morgan, Merrill Lynch, Morgan Stanley and TD Ameritrade. From her range of intersectional identities as a woman of color and a member of the LGBTQ community, Demissie seeks to empower everyone from any community to take control of their finances. She received the 2015 Impact Award from TD Ameritrade in recognition of her commitment to diverse perspectives.
Holly Hynes is Director of Marketing for Wells Fargo Consumer and Small Business Banking. Hynes has over 20 years of marketing experience including branding, digital marketing, advertising, social media, etc. Prior to becoming CMO at Wells Fargo CSBB, Hynes worked for 11 years at Huntington Bank. She held various positions there such as head of brand, digital experience innovation, strategy and consumer and commercial marketing. At Huntington Bank, Hynes also developed many new marketing capabilities. Prior to that, Hynes led marketing strategy for Direct Energy and Nationwide Insurance. Hynes believes that all of life’s moments intersect with money and has dedicated her career to helping simplify the complexities of wealth for everyone.
Mary Kate Loftus is Senior Vice President, Chief Digital Officer for M&T Bank. Loftus started at M&T in 2018 as Head of Strategic Planning for Consumer & Business Bank. Loftus has over 20 years of experience in financial services. Loftus is committed to providing consumers with financial freedom and recognizes the difference community banking and financial well-being make in people’s lives. Loftus loves conversations about future trends and has been a guest on several podcasts, including the Breaking Banks Podcast, the Global Digital Banker Podcast, and Business Insider Podcasts. Loftus champions diversity and sponsors upcoming talent through the African American Resource Group.
Jennifer Roberts is the President and CEO of Chase Consumer Banking. Prior to that, Roberts was Managing Director of Chase Business Banking. Roberts has been a leader at Chase since 1996, holding leadership positions in card services, Ultimate Rewards, Chase Sapphire products, loyalty and acquisitions. Roberts is active in her community, serving on the board of directors of Philadelphia’s public radio station, WHYY. Roberts seeks to promote diversity in the workplace as an executive sponsor of Chase’s Hispanic Leadership Forum.