*The MBA Finally Applauds Diversity*
***In a move that many industry insiders say is overdue, Debra W. Still, CMB, Chairman of the Mortgage Bankers Association (MBA), announced the formation of a new member committee designed to promote diversity and inclusion both within the Association and its programs, as well as within its member firms. Here’s how this new committee will work:
****“A strong, responsible, sustainable real estate finance industry requires a workforce that reflects our society at large,” said MBA Chairman Debra W. Still, CMB. “MBA’s Diversity and Inclusion Committee will be a means for the industry’s senior executives to lead and engage in meaningful dialogs to identify, discuss and share best practices that others can incorporate into their business strategies and workforce cultures.”
****The Diversity and Inclusion Committee will report directly to the MBA Board of Directors and will be chaired by MBA’s Chairman-elect E.J. Burke. Its membership will also include the MBA Chairman, Vice Chairman and Immediate Past Chairman, and a collection of industry executives representing MBA’s broad membership of different business models, business lines and membership categories.
****“In order to facilitate diversity and inclusion among its members, the committee will ensure that MBA itself is incorporating diversity and inclusion in all its areas of strategic focus,” said E.J. Burke, MBA’s Chairman-elect and Chairman of the Diversity and Inclusion Committee. “Through the sharing of best practices and developing appropriate MBA programming, the committee will encourage more inclusive cultures in our member firms and our association. In the end, these efforts will ensure that we attract and retain the best and the brightest talent to our industry.”
****There’s no denying that the MBA should “incorporate diversity and inclusion in all its areas of strategic focus.” PROGRESS applauds the MBA for forming this new committee.