T Rowe Price has hired Raymone Jackson as global head of diversity and inclusion, working from its Baltimore office.
In his new role, Jackson will be responsible for the firm’s global diversity and inclusion strategy, overseeing current diversity and inclusion programs and creating new strategies to help the group attraction, develop and retain diverse employees.
He will work with the firm’s management committee, Black Leadership Council and other employee-led groups that engage with female, LGBTQ+, Black, Latinx, Asian, and veteran associates to ensure T Rowe is running focused programs supporting these employees and the progress of the group.
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Jackson moves across from Morgan Stanley where he was national diversity officer for the wealth management businesses. He also spent 17 years with Northwestern Mutual, including working as director of diversity and inclusion.
Bill Stromberg, T. Rowe Price president and CEO, said: “While we have made real progress over the last decade on our diversity journey, we know we have much further to go. We believe we are at an inflection point in that journey, and Raymone’s track record of success in attracting, developing, advancing, and retaining diverse talent in the financial services industry will accelerate our progress.”