At Wells Fargo, we are firmly committed to diversity, equity, and inclusion and we believe we have a tremendous opportunity to make a positive impact in the communities where we work, live, and serve. Making progress requires a sense of urgency and a sustained, long-term effort. We’re committed to doing both.
Wells Fargo continues to make progress on our multiyear journey. Our team is focused on increased diversity among executives, ways to better serve and grow our customer segments, and supporting and increasing our supplier diversity companywide. We know the importance of cultivating an inclusive culture where employees feel a sense of belonging. I am tremendously excited about the future of diversity, equity and inclusion at Wells Fargo.
From The Company
Wells Fargo is committed to providing our employees with an inclusive and respectful workplace where talent flourishes. We are committed to hiring and retaining a diverse workforce and have a plan for increasing diversity at all levels of management. We promote career opportunities through leadership development programs, mentoring and experiential development.
Our commitment to diversity, equity and inclusion starts at the top with our board of directors. While we have more work to do, we have taken steps that include creating a new organization, the Diverse Segments, Representation and Inclusion team, led by a senior executive who reports directly to our CEO. This team is responsible for creating programs that support career mobility and a sustainable talent pipeline to provide career opportunities for underrepresented employees — including in our management positions. This team is also developing a much deeper understanding of the needs of our customer base by working directly with leaders in our lines of business to identify opportunities that may help remove barriers contributing to the wealth gap. In addition, the team will work to increase our procurement spend on supplier diversity, and support minority-owned businesses as they grow.