T. Rowe Price Group has appointed Raymone Jackson (pictured) as global head of diversity and inclusion.
Jackson joins from Morgan Stanley, where he served as national diversity officer for the wealth management businesses.
In his new role at the $1.31tn asset manager, Jackson will oversee the current diversity and inclusion programs and envision new strategies to help T. Rowe Price improve the attraction and retention of diverse associates.
He will also partner with the firm’s management committee, Black Leadership Council, and employee-led business resource groups - which engage female, LGBTQ+, Black, Latinx, Asian, and veteran associates - to develop sustainable programs.
T. Rowe Price CEO Bill Stromberg said: ‘While we have made real progress over the last decade on our diversity journey, we know we have much further to go.
‘We believe we are at an inflection point in that journey, and Raymone’s track record of success in attracting, developing, advancing, and retaining diverse talent in the financial services industry will accelerate our progress.’
During his two-year tenure at Morgan Stanley, Jackson developed a comprehensive diversity and inclusion strategy that spanned 600 offices and 20,000 employees.
Prior to that, he worked at Northwestern Mutual for 17 years, where he held leadership roles across multiple businesses, including director of diversity and inclusion and campus development.