Delivering diverse slate of candidates is now the expectation


Pensions & Investments | May 17, 2021

The Pensions & Investments article, "Delivering diverse slate of candidates is now the expectation," quoted Russell Reynolds Associates Consultant Meredith Coburn on the internal and external pressures of providing diverse candidates for leadership roles. The article is excerpted below.

Executive recruiting firms are playing an increasingly key role in making money managers more diverse and inclusive organizations.

Most executive recruiters with whom Pensions & Investments spoke said that more money management clients are insisting on a diverse shortlist of candidates — mostly from a gender point of view — and this demand has grown over the past few years.

But while more money management clients are requiring a more diverse shortlist, few are dictating quotas on the headhunting firms.

"Every client we work with on the investment management side is focused on diversity, equity and inclusion," said Meredith Coburn, executive director and consultant on the financial services sector and asset and wealth management and insurance practices at executive search firm Russell Reynolds Associates, New York. "We have clients ensuring that we deliver a diverse slate (of candidates)."

Ms. Coburn added that the push for delivering a diverse slate comes from just as much within Russell Reynolds as it does from the client.

​Access the full article here.

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Delivering diverse slate of candidates is now the expectation