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.
A new MetLife survey finds real estate professionals are increasingly steering clients toward tax experts as rising property values leave more sellers facing significant capital gains.
The independent broker-dealer expands its business development bench with a new recruiter and an internal promotion in the West.
The leading ultra-high-net-worth RIA joins other large wealth firms, including Raymond James and LPL, in creating executive roles focused on artificial intelligence strategy
New Preqin-powered benchmarks add transparency to private equity and credit performance across BlackRock's platforms.
Supervision vice chair speaks following recent launch of AI adoption practices by regulators.
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
