Mayor De Blasio Announces First Ever Hiring of Woman-Owned Financial Firm to Manage $100 Million of City’s Deferred Compensation Plan
To mark the end of Women's History Month, Mayor
"While the numbers of women in the workforce are growing every day, asset fund management is still an industry that lags behind. We've decided to do our part to help right this wrong," said Mayor
"With the hiring of
"We are excited to partner with the
This announcement comes on the heels of the recently enacted policy that seeks to increase the participation of minority and women-owned firms in the Deferred Compensation Plan.
This policy also led to the hiring of
"For the past four years, this Administration has tackled and implemented every policy with an eye towards equity and equality," said
"As
"Hiring a women-owned financial firm to manage the City's Deferred Compensation Plan has been long overdue. Traditionally, women are left out of high-ranking posts, especially posts that manage any kind of financial assets. I applaud the City's efforts today in choosing to change both history and tradition. Yes, a women-owned financial firm is up to the task of managing
"The historic announcement from Mayor de Blasio's office concerning the first ever women-owned financial firm being hired to manage
"Our work to advance women can only go so far if we are not supporting women-led businesses," said Public Advocate
"It is encouraging to see
"When women lead, more opportunities open up for all people - especially those who have been locked out of jobs and entire industries in the past," said Council Member
"As chair of the
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About the Office of Minority and Women-owned
As an essential component in tackling income inequality across the city, Mayor
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