We know that being a female CEO in the investment management industry is rare, and being a Black woman in the investment industry is even rarer. According to a recent study from McKinsey, only 4% of the financial industry’s C-suite positions are held by Black women. We also know that centering Black women in positions of power is good for the entire economy. Mellody Hobson, President and Co-CEO of Ariel Investments is using her influence as one of America’s most powerful women to create more revenue for minority-owned businesses with Project Black. Listen in to hear about her 32-year career at Ariel, how she went from Intern to Co-CEO, and why she’s passionate about teaching children the value of money young.
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