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

Maryland bars advisor over charging excessive fees to clients
Maryland bars advisor over charging excessive fees to clients

Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.

Wave of SEC appointments signals regulatory shift with implications for financial advisors
Wave of SEC appointments signals regulatory shift with implications for financial advisors

Reshuffle provides strong indication of where the regulator's priorities now lie.

US insurers want to take a larger slice of the retirement market through the RIA channel
US insurers want to take a larger slice of the retirement market through the RIA channel

Goldman Sachs Asset Management report reveals sharpened focus on annuities.

Why DA Davidson's wealth vice chairman still follows his dad's investment advice
Why DA Davidson's wealth vice chairman still follows his dad's investment advice

Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.

401(k) participants seek advice, but few turn to financial advisors
401(k) participants seek advice, but few turn to financial advisors

Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.

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.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave