The Pandemic has exposed a dangerous socio-economic fault line in Black & Latino communities, families and small businesses that harms the entire U.S. Economy and America’s future. In response, the largest bank in the United States, created a position in April 2020 to address diversity & inclusion. Brian Lamb will speak on how JPMorgan Chase & Co. will impact Black & Latino communities, families, businesses and employees.
April 9, 2020 (New York) – JPMorgan Chase announced today that Brian Lamb has been named the Global Head of Diversity & Inclusion, a newly created position at the firm. Lamb, who will report to the firm’s Co-Presidents, will be responsible for executing a strategy that builds on the firm’s existing work and further incorporates a diversity lens into how the firm develops products and services, serves clients, helps communities and supports employees.
“Brian’s deep experience is precisely what we need to help our firm build on our diverse and inclusive culture, and drive it into every corner of our company,” said Gordon Smith, Co-President for JPMorgan Chase and CEO for Consumer & Community Banking. “Building a culture where all employees and customers are treated equally and feel welcome is a business imperative, and we’re fortunate to have Brian’s leadership in this critical area.
This new role will strengthen and improve coordination of the firm’s existing strategy to support underserved communities as well as elevate the firm’s existing Diversity & Inclusion initiatives, including Advancing Black Pathways, Advancing Black Leaders, Military & Veterans Affairs, Women on the Move, the Office of Disability Inclusion, Global Supplier Diversity, and regional and line of business diversity functions. These focused efforts to-date have strengthened the firmwide culture in important and measurable ways.
The firm recently identified a number of areas across the company that, with enhanced, scaled or new programming or processes, would serve to ensure the firm’s culture is not one where racism can live or thrive. Those include enhancing the employee feedback process, making it easier for customers to access products and services in all branches, bolstering hiring to build a stronger pipeline of diverse talent, implementing additional required diversity and inclusion training firmwide, and increasing the diversity of businesses the firm partners with across the world.
“I’m excited to join JPMorgan Chase and help to further foster a culture where diversity and inclusion are a central and driving force,” said Brian Lamb, Global Head of Diversity & Inclusion, JPMorgan Chase. “A company that is diverse and inclusive can better serve our customers, employees and communities — and that is good for business.”
“Applying a diversity lens to everything we do is critical to running a successful business,” said Daniel Pinto, Co-President for JPMorgan Chase and CEO, Corporate & Investment Bank. “We are more effective when we take a diverse and inclusive approach to our work, and with Brian on board, I believe we’ll be more successful all around.”
Lamb joins JPMorgan Chase from Fifth Third Bank where he served as Executive Vice President and Head of Retail Banking. His 13 year career there included time as Head of Wealth & Asset Management and Chief Corporate Responsibility & Reputation Officer, where he was responsible for building the comprehensive strategic framework for the Bank’s civic commitments, inclusion & diversity and reputation management.
Throughout his career he has remained passionate about diversity and inclusion. Notably, he partnered with the National Community Reinvestment Coalition to launch a $30 billion community commitment that focused on access to capital for small businesses, first-time home ownership and educational opportunities for underserved communities and people of color.
He currently serves on the United Way Campaign Cabinet, Greater Cincinnati Urban League and is Vice Chair of the Florida Board of Governors. He previously served as Chair of the University of South Florida (USF) Board of Trustees where he also helped to lead a campaign to close the graduation rate achievement gap between women and people of color as compared to white students. While at USF, he mentored hundreds of women and minority students and established a scholarship fund for first-generation minority and female college students.
Brian also served as Chair of the Tampa Bay Partnership and held board positions with the Florida Bankers Association and Florida Council of 100.
Lamb holds a graduate degree from the Stonier Graduate Banking School at the University of Pennsylvania and a bachelor’s degree and MBA from the University of South Florida.
To learn more about JPMorgan Chase’s Diversity and Inclusion efforts, please visit https://www.jpmorganchase.com/corporate/About-JPMC/diversity.htm.