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A “GameChanger” for DEI

By Frank La Salla | 2 minute read | October 18, 2023

I recently had the pleasure of joining about 30 CEOs as well as senior leaders from public and private companies for an important conversation on how we can support and advance Black talent within our organizations.

The 2023 CEO GameChanger Conference, which was hosted by The Executive Leadership Council (ELC), a national organization committed to increasing the number of Black executives and board directors at global corporations, is truly action oriented. Through peer-to-peer interactions, panel discussions and fireside chats, we defined the challenges that Black employees face and shared insights and best practices on ways we can drive positive change. I also attended the ELC Recognition Gala with my esteemed DTCC colleagues Phillip Anderson, Keisha Bell, Jason Harrell, CISM, Yonesy Núñez, Gregory M. Gist, CBCP, Renee LaRoche-Morris, Ali Wolpert, Justin McCorvey, and Brian Steele.

Related: Our Path Forward – From Commitment to Action to Advance Racial Equality

As a CEO, I’m often pulled in a hundred different directions, but I always prioritize DEI because the strongest performing companies have diverse teams and inclusive work environments. Inclusivity is critical to making all colleagues feel like they belong and can bring their full selves to work.

DTCC has made good progress in our DEI efforts, and I’m committed to using the simple but effective tips we discussed at the ELC Conference to improve the representation and advancement of diverse talent. This includes ensuring an unwavering commitment to DEI, addressing headwinds that stand in the way of progress and providing DEI education and training.

I’m proud that DTCC is already doing many of things recommended by the ELC. For instance, to build our pipeline of talent and enhance our candidate slate, our expanded undergraduate recruitment program has included historically black colleges and universities and Hispanic-serving institutions. We also offer professional development opportunities for our colleagues and have participated in McKinsey’s Black Executive Leadership and Management Accelerator programs.

Especially important is the significant work led by our eight Employee Resource Groups, which demonstrate diversity and inclusion in action. I’ve met with our ERGs around the globe and continue to be amazed by their passion and commitment to DEI, which have made our culture more inclusive, engaged and resilient.

DEI is an important aspect of DTCC’s vision to lead the advancement of the global financial markets as a strategic partner to our clients. We’re a better company because we have diverse teams that reflect our industry and the communities we serve globally. And thanks to the unique perspectives and experiences they bring to the table, we’re producing innovative solutions that enable our clients to achieve their business objectives. That’s the ultimate win-win.

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Frank La Salla
Frank La Salla

DTCC President, CEO & Director