March 3, 2021

FDIC: Strategic Plan to Reinforce Diversity, Equity, and Inclusion Within the Agency and Among the Financial Institutions It Supervises Released

The Federal Deposit Insurance Corporation (FDIC) today released the agency’s latest strategic plan to incorporate and promote diversity, equity, and inclusion (DEI) in every aspect of its mission and operations. Read the FDIC’s Diversity, Equity, and Inclusion Strategic Plan.

“My goal is to build and maintain an FDIC workforce that is talented, diverse, and committed to fostering a safe, fair, and inclusive workplace and banking system,” said FDIC Chairman Jelena McWilliams. “To be successful, our DEI efforts must be led and managed as an organizational priority. This plan is unlike others we have had in the past. I stand behind it with my commitment that we will work toward an inclusive FDIC where all feel that they belong.” 

Internally, the FDIC’s plan continues to integrate the core principles of DEI into the agencies hiring, training, and career development programs. Externally, the plan will improve these principles in the agency’s contracting opportunities, enhance its ability to assess diversity policies and practices at financial institutions, and provide additional support for Minority Depository Institutions.

Nikita Pearson, Director of the FDIC’s Office of Minority and Women Inclusion, added, “The FDIC can play a bigger role, within our mandate, in addressing inequities. When we help remove obstacles in the banking system that stand in the way of people achieving their very best, we strengthen society as a whole.”

This post was originally published here.