BLACK ENTERPRISE reported how financial giant JPMorgan Chase, is doubling down on its commitment to bridge the racial wealth gap within the Black community. This includes their Advancing Black Pathways program aimed at helping to bring more economic resources for Black businesses and individuals. This week, the corporation announced that Byna Elliott will lead the initiative as the new head of the program.
Elliott will work alongside Brian Lamb, who currently serves as the global head of Diversity & Inclusion (D&I) to help oversee and execute strategies towards their diversity goals.
“Advancing Black Pathways is a bold and strategic commitment at JPMorgan Chase focused on accelerating opportunities for Black people and mitigating the effects of historical inequality,” Lamb said in a press statement sent to BE.
“Over the last two years, we’ve established a strong foundation that will enable this strategy to achieve sustained generational impact. Byna brings a proven track record of driving strategies to invest in underserved communities, and her skillset is precisely what we need to ensure that Advancing Black Pathways will deliver on its purpose for generations to come.”
Elliott joins the banking institution after working as the chief enterprise responsibility officer for Fifth Third Bank in charge of overseeing the firm’s corporate social responsibility efforts, including ethical business practices and environmental sustainability initiatives. She will also play a key role in executing strategies made to advance the company’s commitment to close to the racial wealth divide.
“I’m excited to join JPMorgan Chase and for the opportunity to play a direct role in helping Black people chart stronger paths towards economic success and empowerment,” Elliott said in the statement. “It’s inspiring to join a firm that’s being intentional about closing the racial wealth divide, and I look forward to contributing to this effort.”