Women’s History Month: Women in Finance
Women’s History Month is an annual declared month that highlights the contributions of women to events in history and contemporary society. It is celebrated during March in the United States, the United Kingdom, and Australia, and during October in Canada. It corresponds with International Women’s Day on March 8, which is a global day celebrating the social, economic, cultural, and political achievements of women.
Across asset management, investment banking, and capital markets, here are a few finance executives that stand out for their performance and for helping to create a path to parity for women in the finance industry.
Janet Yellen, took office as the first female head of the U. S. Federal Reserve and started her four year term. Her term just ended on Feb 3, 2018. Now she has joined the Brookings Institution as a distinguished fellow in residence with the economic studies program. She is also a member of both the Council on Foreign Relations and the American Academy of Arts and Sciences.
Mary Callahan Erdoes is Chief Executive Officer of J.P. Morgan’s Asset Management division, a global leader in investment management and private banking. She topped the Most Powerful Women in Finance ranking last year.
Abigail Johnson, the CEO of US investments firm Fidelity Investments and the chairwoman of Fidelity International and chairwoman of its international sister company Fidelity International. In November 2016, Johnson was named chairman and will remain CEO and president, giving her full control of Fidelity with 45,000 employees worldwide. Johnson’s wealth is approximately $16.5 billion, making her one of the world’s wealthiest women.
Adena Friedman is President and CEO of Nasdaq and is a member of the Board of Directors. Friedman has worked in finance over 20 years and is credited with significant contributions that shaped Nasdaq’s strategic transformation to a leading global exchange and technology solutions company.
Christine Lagarde is the eleventh Managing Director of the 189-nation International Monetary Fund, and the first woman to hold that position. She was selected by the International Monetary Fund Executive Board to lead the institution on July 5, 2011 and re-selected to serve a second five-year term starting on July 5, 2016.
Teresa A. Halleck serves as the Chief Executive Officer and President at San Diego County Credit Union. She was previously the President and Chief Executive Officer of Golden 1 Credit Union headquartered in Sacramento for nearly eight years. During her tenure at Golden 1, the credit union grew from $4.2 billion in assets with 65 branches to in excess of $7 billion in assets with 84 branches, tremendously expanded its field of membership, enhanced its product and service offerings and increased the credit union’s visibility in its chosen markets while maintaining a consistent focus on exceptional member service.
Donna Bland was appointed as the President and Chief Executive Officer of the Golden 1 Credit Union in Sacramento, CA. She was with them 16 years before her promotion. Golden 1 is the seventh largest credit union in the United States. As California’s leading credit union, it serves residents in 34 of California’s 58 Counties, all state employees, and thousands of employer groups. With 600,000 members, Golden 1 serves more members than any other credit union in California.
Join me in recognizing the great contributions these women have made in the finance industry!