NEW YORK, Dec. 17, 2020 /PRNewswire-PRWeb/ -- The Money
Management Institute (MMI) announced the recipients of its
inaugural Opening Doors Awards yesterday during a virtual event to
support social justice initiatives within the financial services
industry. Designed to recognize and celebrate outstanding efforts
in advancing diversity, equity and inclusion, the awards honored
three distinct categories:
- Opening Doors Champion (individual): Mimi Wang, Macquarie Investment Management
- Opening Doors At the Front (program): Philadelphia Financial
Scholars Program
- Opening Doors Breaking Barriers (firm): RBC Wealth
Management
"MMI congratulates our Opening Doors Award recipients for their
impactful work in raising awareness about diversity and inclusion
as well as making concerted efforts to address both," said
Craig Pfeiffer, MMI President &
CEO. "These recipients represent the leadership, innovation and
proactive commitment that we need to make progress within financial
services and in our society as a whole."
The awards are part of MMI's Opening Doors social justice
initiative which seeks to help, welcome, educate and advance people
of color throughout the financial services industry. Envestnet was
the event's premier sponsor and all Opening Doors proceeds
benefitted MMI's Gateway Foundation.
"In coming together, we can engage the collective capabilities
of our industry to accelerate progress in diversity, equity and
inclusion," said Fran Cashman,
President of The Gateway Foundation and MMI Social Justice
Director. "While there is much to be done, we are proud to
recognize the good work of so many that set examples, lead the way
and make a difference."
Senior industry leaders submitted written nominations on behalf
of their peers and colleagues for the awards. The judging panel
consisted of members from the MMI Board of Governors, the Gateway
Foundation Board of Trustees and the MMI Social Justice Advisory
Council.
Other Opening Doors highlights included senior industry
leaders--Darnell Azeez of Lord,
Abbett & Co., Bjorn Haines of
BlackRock and Karen Heath-Wade of
American Century Investments, sharing their personal journeys in a
particularly authentic discussion. MMI also launched three
strategic campaigns for industry awareness and preparation programs
for university students, performance and professional development
programs for mid-career professionals and financial literacy
programs for our communities.
Additional sponsors for the Opening Doors Initiative include AIG
Life & Retirement, Clark Capital Management Group, Schroders
and Voya Investments.
About Money Management Institute (MMI):
Established in 1997, the Money Management Institute (MMI) is the
industry association representing financial services firms that
provide financial advice and investment advisory solutions to
investors. Through conferences, educational resources, and thought
leadership, MMI facilitates peer-to-peer connections, fosters
industry knowledge and professionalism, and supports the
development of the next generation of industry leadership. MMI
member firms are dedicated to helping individual and institutional
investors, at every level of assets, plan for and fulfill their
financial goals. For more information, visit
http://www.MMInst.org.
About Gateway
Gateway, a 501c3 organization administered by the Money Management
Institute, supports a variety of programs to foster career
awareness and workforce readiness for students of color from
historically underrepresented communities, particularly African
Americans and Hispanics, seeking internships and entry-level
employment opportunities in the financial services industry.
Media Contact
Paul Merchan, Peppercomm, +1
2129316172, pmerchan@peppercomm.com
SOURCE Money Management Institute