Tag Archive for: Industry Leaders

women in leadershipThis week, we continue with more words of wisdom from women leaders we’ve interviewed throughout 2023. Through the months, we’ve spoken to women who are impacting change, shaking up leadership and transforming perspectives. We’ve talked to women in top leadership positions and founders introducing their own new visions into the world.

Please make sure to check out Part 1 of this year round-up! Below we share more words of wisdom and inspiration. Thank you each for the gift of your energy, time and insight!

“I feel strongly about focusing on doing right by others. Ambition goes awry if you don’t have respect for individuals, and if you don’t think about what motivates them. I want to understand what’s important to the people with whom I work. I focus on treating individuals how I would want to be treated – including respecting their differences, talents and expertise.” – Alexandra Tyler: Managing Director, Digital Transformation Leader, Accenture Song

“Some people believe that passion will help you find what you want to do. I don’t really believe in that. I believe that you have to know what you want. Knowing what you want and doing something actionable towards it will bring the passion.” – Nadiya Kreynin: Chief Executive Officer, Forte DGTL and Chief Operations Office, Forte Group

“As leaders, we have to be willing to hear some difficult things and have better self-awareness, which isn’t always easy. If we do, we can become better leaders by being open-minded to making changes based on what people are telling us. This has enabled me to take pride in the leader that I’ve become.” – Tiffany Fleming: Vice President, Client Onboarding & Trading Documentation, PGIM Fixed Income

“I subscribe to the theory that the best leaders – not only with words but through their actions – encourage and inspire others to achieve their best. That is how some of the most influential leaders have impacted me in my career, and I aspire to have the same impact on others.” – LaShonda Fuselier: Head of Multi-National Corporations Subsidiary Coverage, Corporate and Investment Banking, Wells Fargo

“If you have the right skills and are prepared, don’t be afraid when the opportunity comes to you. No one can tell you it’s not possible… If you have the passion for the work, there’s always a way. Pick the right field, pick the right industry, pick the right job that you have passion for.” – Wanda Woo: Partner, Capital Markets, Shearman & Sterling LLC (Hong Kong)

“There’s an obsession with very young entrepreneurs, like Mark Zuckerberg, who quit college and go off to start their companies. But I think building a new scalable business is really, really hard. I don’t think I could have done it when I was in my 20s. There’s a lot of evidence that the most successful entrepreneurs are people who start their companies in their late 30s and early 40s. I started when I was 37. I think that coming to entrepreneurship a bit later, after I had done a lot of different things, made me much more prepared for the resilience and patience that was required and is still required for what we’re building.” – Sylvana Quader Sinha, Founder and CEO of Praava Health

“There’s power in the pivot. You can’t get stuck. You don’t want to plateau. You always want to stay fresh and connected. Pivoting is inevitable. You can’t not pivot, and if you feel like it’s not working, that’s your sign. For every single problem, there is a solution. You just have to spend enough time to let it present itself. Sometimes, the solution is a tweak. But recognize where you are – and be willing to turn where you want to go, in whatever you are doing, whether it’s a 180 or a few degrees.” –Sherin Dawud: CEO at Nura Co. and Co-Founder at Power Pump Girls

“If we’re having a discussion, my focus is on the topic. I’m assuming that we’re both focusing on the content. But, with time, I’ve learned that many people focus on the relationship, and may sacrifice items in the topic to protect the relationship. For example, they may not contradict. They may not bring up their ideas because they may be different from what somebody else in a more powerful position may be saying. They may feel vulnerable in expressing something. I make sure to say upfront I value the discussion of viewpoints and being contradicted.” – Liora Haymann: Managing Director, OBM International

“How constructively you approach anything is going to be the difference-maker for you and for all those who work with you and for you. When you hit those roadblocks and it’s tempting to pivot to feeling captive or negative, I force myself to remember that the only way out is forward. Approach issues constructively and that will help you rise above the challenge or circumstance, to focus on a solution.” –Vanessa Rodriguez: Head of Community Lending & Investment, Commercial Real Estate, Wells Fargo

“When you have different cultures, there’s a lot of things that can be misinterpreted. For example, I use my hands a lot and I might find certain hand movements mean something else in another culture that I did not intend. One thing that is helpful that I’ve learned, and work with my leadership team on, is to start with your intent. Because there’s a lot about communication that doesn’t land the way you want to say it. Often, simply leading with your intent before you even start the conversation can change the ability to have difficult conversations.” – Dr. Sheena Menezes: Co-Founder and CEO, Simple HealthKit Inc

“When you’re junior and hungry, you work late, so you can take it all on. However, I think it serves your growth to start setting boundaries as you advance. I don’t have children yet, but I am still going to sign off at a reasonable time and have a nice dinner with my husband. You need to set boundaries, and sometimes, it means saying no or that you’ll look into something at a later time – as your schedule and workload permits.” – Alison Taylor: Investment Vice President, PGIM Real Estate

“In my opinion, being a true leader is not just about managing up anymore or trying to get the next job. I genuinely think I should be judged based on the teams I build and how I encourage and empower them…When I was progressing through my career, a lot of it was about me and developing my technical skill set: I’ve got to manage up, I’ve got to manage sideways. I’ve got to manage down. All of those facets still exist. But that’s the big leadership pivot people don’t realize: You don’t have all the answers. You’re there to listen. You’re there to serve and support others to be successful.” – Lola Ninonuevo: International Chief Operating Officer, Wells Fargo

“So many big decisions have been made by people who were all thinking alike. I feel it’s critical to have different perspectives on solving problems, especially big problems. More than one thing can be true. I try to remind people that it doesn’t have to be either/or. It can be and. I like to consider how we can meld ideas to come up with a good solution. If there are two opposing ideas, rarely is one or both entirely wrong.” – Rhonda Johnson: CEO, Different Like You, Inc & Acting Deputy Director, Consumer Financial Protection Bureau

“Don’t be afraid to take the road less traveled, because as you do, you will find new horizons that will take you to the next level. Finding something you’re passionate about is important because you’ll do better than if you’re forcing yourself into a career or role that isn’t the best fit for you.” – Helen Chang: Managing Director, Head of Asia Pacific ex Japan, Client Advisory Group, PGIM

“It’s a trap to believe there is a certain way we are supposed to be to be successful. For example, we equate leader mentality to an ‘early bird gets the worm’ mentality. I’m a night owl. My hours are more bartender than typical Corporate America. You’re supposed to wear heels. I can’t wear heels. You’re supposed to not talk too much about your kids. That’s the most important thing in my life! The more you can just be who you are, the more powerful that is. Whatever it is that you have that’s different, it can be something that truly makes you unique, but you can’t be scared of it. You have to let that difference shine and that takes courage and vulnerability.” – Lindsey Roy: Hallmark Cards, SVP Strategy & Brand & Motivational Speaker

Interviewed by Aimee Hansen

Group-Of-Women-Meeting-In-Creative-OfficeLast week The Glass Hammer hosted its 6th annual Top Women on the Buy-Side Breakfast. The lively discussion gave way to even livelier networking, as senior women across the investment management industry mulled over the question, “Where do we go from here?”

Our panel included Jane Buchan, PhD, CAIA, Managing Director and CEO, PAAMCO; Michelle Meyer, Senior U.S. Economist, Bank of America Merrill Lynch; Leah Modigliani, Senior Vice President, Investment Strategy and Risk, Neuberger Berman; Ranji Nagaswami, CFA, previously Chief Investment Advisor to Mayor Bloomberg, City of New York; and Anjun Zhou, PhD, Managing Director and Head of Multi-Asset Research, Mellon Capital. Each shared her point of view on where the markets are going and how to deal with inflation and risk moving forward.

Our moderator, Heidi Moore, US Finance and Economics Editor at The Guardian, began, “Previously, we’ve always had a crisis to talk about.” But this time, the biggest factor facing women on the buy-side is uncertainty. “What is important to know about the markets,” she asked, “when so much is unknowable?”

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Women-on-TabletLast week, The Glass Hammer hosted its fifth annual Top Women on the Buy-Side breakfast for female leaders in the investment management industry. Our panelists discussed the risks and opportunities for the year ahead, as well as how and where they are finding yield in a volatile market.

Moderated by Wall Street journalist Heidi Moore, the panel included Gabriela Franco Parcella, Chief Executive Officer, Mellon Capital Management Corporation; Denise Higgins, CFA, Client Portfolio Manager, ING Investment Management; Anne Milne, Managing Director, Emerging Markets Corporate Research, Bank of America Merrill Lynch; and Judith Posnikoff, PhD, Co-Founder & Managing Director, PAAMCO.

The lively conversation ranged from dealing with the challenges of uncertainty, managing risk, and the bright spots ahead. Milne quipped, “What are we looking for? Returns. Moreover, we’re looking for risk adjusted returns. We’re looking for good ideas to generate risk adjusted returns. And we’re making calls to find analysts to generate ideas to generate risk adjusted returns.”

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Women-working-on-tablet“I continue to be humbled by being in the company of women,” said Cynthia Fryer Steer, Executive Vice President and Head of Manager Research and Investment Solutions, BNY Mellon. “We can learn so much from each other.”

Steer was speaking at The Glass Hammer’s latest career management event “Navigating, Negotiating, and Building Your Strategic Network” last week. Our panelists shared their advice and wisdom (based on their combined “150 years of experience” said moderator Kathleen McQuiggan, President of Catalina Leadership) on how to get to the next level in the investment management industry.

In addition to Steer, our panelists included Nicole Arnaboldi, Managing Director and Vice Chairman of Alternative Investments, Credit Suisse; Nanette Buziak, Managing Director, Head of Equity Trading, ING Investment Management; Ingrid Dyott, Managing Director and Associate Portfolio Manager, Neuberger Berman; and Paula L. Rogers, President, Institutional Capital.

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Women-working-on-a-computerLast Wednesday, Theglasshammer.com held its first annual event in London for senior women in the capital markets. Our panel’s topic, “How to manage risk and find growth in the new regulatory environment,” opened up dialogue for senior women to discuss how to do business in the financial markets in 2012 and beyond. The event drew almost 100 senior women from leading financial firms in the City as senior women from both the sell-side and the buy-side came to network and participate in a closed-door discussion. The focus of the event was to address how to navigate the markets, find growth, and stay compliant in an increasingly regulated environment.

Moderator of the event, Monica McConville, Partner, Practice Leader, English Law Equity Capital Markets at Shearman & Sterling, invited the panelists to give their perspective on the way capital market regulatory changes might impact day-to-day business.

The panel, consisting of Mary Pragnell, Managing Director, Regulatory Response, GBM Treasury, RBS Global Banking and Markets; Joanna Cound, Managing Director, Government Affairs and Public Policy, BlackRock; and Dr. Sonja Koerner, Partner, Risk, Financial Services, Ernst & Young, tackled a set of questions posed by regulatory reforms in the post 2008 crisis ‘New Normal.” To manage risk and continue to grow as an industry, we contemplated how could we predict, define, and manage some of the unintended consequences of regulators’ actions.

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Business-meetingThursday morning marked The Glass Hammer’s fourth breakfast panel for top women on the buy-side. The topic was Dodd Frank, and what’s in store for the investment management industry as we get closer to implementation.

Moderated by Donna Parisi, Partner, Shearman & Sterling, the panel included Viva Hammer, Principal, KPMG Washington National Tax; Sarah Lee, Managing Director, Global Head of Fixed Income Derivatives Legal, Bank of America Merrill Lynch; Cynthia Meyn, Executive Vice President Operations, Pimco; and Barbara Novick, Vice Chairman, BlackRock.

Parisi commented, “It’s a brave new regulatory environment, and it will take a lot more resources going forward.”

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Business meeting“Our economy depends on women being at the table creating technology,” said Dr. Telle Whitney, President and CEO of the Anita Borg Institute for Women and Technology. She continued, “The innovation that will drive the future is in your hands.”

Dr. Whitney was the keynote speaker at The Glass Hammer’s event Tuesday night entitled “Women on Top: The Newest Innovation in Technology.”

The event, sponsored by Barclays Capital and American Express, was held at the Barclays Capital headquarters in New York. Moderated by Avis Yates Rivers, President and CEO of Technology Concepts Group, the panel speakers included Sarah Sherber; Head of Securitized Products IT and Cross Product Operations Technology, Barclays Capital; Linda Albornoz, B2B Payment Solutions, American Express Technologies; Augusta Sanfilippo, Managing Director, Cash Securities Operations IT, Citi; and Mary Cecola, CIO Asset Management Business Solutions, Deutsche Bank.

When trying to plot out a career, the panel advised, simply do what you love. Albornoz said, “Follow your bliss. Find the thing you’re engaged by and enjoy doing. Because you’re going to spend a lot of time doing it!”

Sanfilippo agreed. She said, “Passion… is something you have to stay true to no matter what you do. Make sure you manage your career. Don’t make someone else manage your career for you.”

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hughes_karenBy Melissa J. Anderson (New York City)

“I’ve always done what I’m passionate about,” began Ambassador Karen Hughes, Global Vice Chair of public relations firm Burson Marsteller. “I always tell young people, ‘follow your passion and keep with your values.'”

At a recent Financial Women’s Association Event, Hughes recalled some of the critical moments during her previous career as Counselor to President George W. Bush and Under Secretary of Public Affairs at the State Department. She discussed important factors for strong leadership, and what it means to follow your passion.

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boardroomBy Melissa J. Anderson (New York City)

Last week The Glass Hammer covered a conference hosted by the Athena Center for Leadership Studies at Barnard College and the Sanford C. Bernstein & Co. Center for Leadership and Ethics at Columbia Business School, which asked, “Has the time come for bolder policies for diversity at the top of corporations?”

While the first part of the morning focused on academic research on the subject of quotas and gender targets, the second half focused on the practitioner perspective – how does the implementation of gender targets actually work within companies, what are the drawbacks, and how can organizations work toward a more balanced workforce?

The practitioners’ panel, moderated by Gillian Tett, US Managing Editor, Financial Times, featured Sheila Hooda, Senior Managing Director, TIAA-CREF; Ellen Stafford-Sigg, Board Member and Principal, Deloitte Consulting LLP; James DeGraffenreidt, Corporate Director and Former chairman and CEO of WGL Holdings, Inc.; and Barbara Colwell, Corporate Director, Advisory Board member of Women Corporate Directors and Former Executive Director of ThinkQuest NYC.

Contrasting the morning’s discussions which, for the most part, concluded that quotas would be a positive outcome, the practitioners’ panel was not as favorable. The panelists largely agreed that quotas were not the best outcome in terms of building gender equality in the corporate space, and should be considered, at most, a last resort.

Said Hooda, “Quotas might be necessary as a last straw – like saving a drowning man.”

Tett commented, “Sometimes the last straw is necessary.”

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iStock_000001124874XSmallBy Melissa J. Anderson (New York City)

Earlier this week, the National Council for Research on Women hosted a discussion on women and money at JP Morgan Private Bank. The event featured four notable panelists as well as a conclusion by Jacki Zehner, Vice Chair of the Women’s Funding Network.

The panel discussed the next steps in getting more women into the financial services sector, keeping them there, and getting to them to the top. Zehner explained, “We are moving from a place of less power to more power, and shifting from a moral argument… to an economic one.”

She added, “There is a tremendous amount of research that fuels our activism.”

The panel included Rosie Rios, Treasurer of the United States; Michelle Clayman, Founder, Managing Partner & Chief Investment Officer, New Amsterdam Partners LLC; Joe Keefe, President & CEO, Pax World Management LLC; and Rebecca Patterson, Managing Director and Global Head of Foreign Exchange and Commodities, J.P. Morgan Private Bank. The panel was moderated by Deirdre Bolton, Anchor, Bloomberg Television, and Co-host of “Inside Track.”

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