Waters Statement on Announcement of New Citigroup CEO
Washington, DC, September 11, 2020
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement in response to Citigroup’s announcement of a new chief executive officer.
“Earlier this year, I and Congresswoman Beatty, Chairwoman of the Financial Services Committee’s historic Subcommittee on Diversity and Inclusion which I created, released a report on the diversity and inclusion at the nation’s largest banks, to hold them accountable for their workforce, board and supplier diversity, pay equity, investment with diverse asset managers, and diversity and inclusion practices and policies. The report documented the lack of diversity among those banks’ executive ranks and boards. This report was one part of my work as the Committee’s first Chairwoman to prioritize and give intentional focus to diversity and inclusion, and to press for new opportunities for women and minorities.