NEW YORK, Feb. 4, 2014 /PRNewswire/ -- In recognition of its global commitment to and advancement of diversity and inclusion best practices, BNY Mellon has been named the 2014 Financial Services Diversity Corporation of the Year by the National Business Inclusion Consortium (NBIC). The award, accepted by BNY Mellon's Global Head of Diversity and Inclusion, Jyoti Chopra, was presented last night at a gala celebration held at the New York Stock Exchange.
"The National Gay & Lesbian Chamber of Commerce (NGLCC) spearheaded the formation of the NBIC to elevate diversity across all segments, including race, gender, sexual orientation, gender identity and disability," said Justin Nelson, NGLCC Co-Founder and President and NBIC Awards Co-Founder. "We are so proud to highlight leaders and companies such as BNY Mellon who recognize the valuable contribution diverse communities make to the marketplace and the workplace."
"As the world's investments company, we are committed to attract, advance and retain diverse talent in our leadership ranks, across our global workforce and throughout our supplier base. We are invested in our people and this is what fuels our brand," said BNY Mellon President Karen Peetz.
BNY Mellon's approach to global diversity and inclusion is driven through an integrated framework of strategic forces: workforce, workplace, marketplace and leadership. All 51,000 BNY Mellon employees around the world bring the company's diversity strategy to life through engagement, participation, leadership, training and advocacy of diversity and inclusion initiatives and programs. Exceeding $900 million over the past five years, the company's supplier development program has helped diverse suppliers build capacity to grow their businesses.
Comprised of the National Gay & Lesbian Chamber of Commerce, Women's Business Enterprise National Council, the National Black Justice Coalition, the United States Hispanic Chamber of Commerce, US Business Leadership Network: Disability at Work, the United States Pan Asian American Chamber of Commerce, and WEConnect International, NBIC's members represent nearly 9 trillion dollars in consumer spending power.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of Dec. 31, 2013, BNY Mellon had $27.6 trillion in assets under custody and/or administration, and $1.6 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Learn more about global diversity and inclusion at www.bnymellon.com/diversity, or follow us on Twitter @BNYMellon.
SOURCE BNY Mellon