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Risk Management Association unveils new women-focused initiative

Risk Management Association unveils new women-focused initiative | Insurance Business UK

Risk Management Association unveils new women-focused initiative

The Risk Management Association (RMA) has launched a new community initiative aimed at helping women advance and thrive in their financial industry careers, particularly in risk management.

The new “Women in Risk” initiative will be an RMA community that provides peer sharing, inspiration, events, and resources to women professionals in risk management. The events held by the initiative include Women in Risk forums, affinity groups, and an annual themed issue of The RMA Journal.

It was launched during RMA’s recent Governance, Compliance, and Operational Risk (GCOR) XV Virtual Conference. A Women in Risk panel was held during the event, moderated by RMA enterprise risk management associate director Elena Noverola.

The panelists featured were:

  • Amanda Norton of Wells Fargo.
  • Jodi Richard of US Bank.
  • Helga Houston of Huntington Bank.

“Barron’s reported this year that women hold only 11% of the executive positions at publicly traded US financial institutions,” said RMA president and CEO Nancy Foster. “While that is actually a slight increase from five years ago, there is clearly much room for improvement. I am excited about the launch of Women in Risk, and proud of the role it and RMA’s other DEI efforts will have in expanding opportunities in the financial services industry.”

The GCOR XV conference runs through June 10, 2021, and is available for on-demand viewing through August 09, 2021 through RMA’s website.

At present, RMA has 1,900 institutional members – which include banks and non-bank financial institutions – that are represented in the association by 18,5000 individuals from throughout North America, Europe, Australia, and Asia-Pacific.