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Goldman Sachs Commits to More Black, Latino, Women VPs

Goldman Sachs Group earlier this month laid out a goal of having 7% and 9% of its Black and Latino staff, respectively, serving as vice presidents by 2025. So reports Reuters.

Goldman SachsThe firm is also aiming to have 40% of its vice presidents be women, CEO David Solomon noted in a statement posted on the firm’s website. “Progress on diversity will enhance our ability to execute our strategy and deliver for our clients,” Solomon said.

This new goal comes after Goldman announced a hiring effort last year for all new analysts and entry-level workers in the U.S. to be 11% black and 9% black for those new hires in the U.K. Goldman also said it would aim for Latinos to represent 14% and for half of this group to be women.

Read the full article from Reuters.

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