Finra adds human resources officer

Finra adds human resources officer
Rainia Washington becomes the lone African-American executive at the regulator
JUN 05, 2020

The Financial Industry Regulatory Authority Inc. has appointed an African-American woman to join the top ranks as executive vice president and chief human resources officer.

Rainia Washington will lead Finra’s People Solutions team, overseeing the organization’s talent recruitment, training and development, diversity and inclusion, compensation and benefits, and employee relations.

Finra did not provide additional comment beyond the press release and said Washington was not available for comment for this story, but according to the Finra website, Washington will be the lone African-American executive at the brokerage industry’s self-regulator.

Washington comes to Finra after a 26-year career at Lockheed Martin, where she served in a variety of increasingly important roles within human resources, for the past six years as the Chief Global Diversity and Inclusion Officer for the 110,000-employee company.

She received her Bachelor of Science in engineering from the University of Pennsylvania and her MBA from Penn State University.

"Rainia brings a wealth of expertise across so many facets of talent management, and I am confident she will provide strong leadership for our People Solutions team and Finra's world-class employees, while also developing and recruiting our next generation of leaders," said Finra president and chief executive Robert Cook.

Latest News

RIA news: Focus expands down under, Mercer welcomes women-led RIA
RIA news: Focus expands down under, Mercer welcomes women-led RIA

Meanwhile, Carson Group extends its acquisition strategy with a Maryland-based advisory practice.

'Independence Series': Staff up before taking off
'Independence Series': Staff up before taking off

Financial advisor Craig Robson shares the lessons he learned after leaving Merrill Lynch to set up his own practice in the fourth installment of InvestmentNews' new 'Independence Stories' series.

What does a typical financial advisory firm look like today?
What does a typical financial advisory firm look like today?

With an aging advisor population, report looks at demographics, structures.

Holtschlag joins LPL Financial to spearhead a specific area of growth
Holtschlag joins LPL Financial to spearhead a specific area of growth

Formerly Fidelity Investments leader will drive move to comprehensive services.

Big tech loses as Senate backs state-level regulation of AI
Big tech loses as Senate backs state-level regulation of AI

Lawmakers decided not to agree compromise proposal in Trump tax bill.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.