Bank of America Named 2019 Catalyst Award Winner

Bank of America today was named the 2019 Catalyst Award winner by Catalyst, a global nonprofit working with CEOs and leading companies to build workplaces that work for women. The bank earned the honor based on its ongoing efforts to be a great place to work and to support the continued development, empowerment and advancement of women in the company and around the world. For more than 30 years, the Catalyst Award has recognized exceptional efforts to accelerate progress for women in business.

The Catalyst Award announcement comes just one day after the bank also was recognized for the fourth consecutive year as a leader on the 2019 Bloomberg Gender Equality Index.

This continued recognition reinforces the bank’s commitment to invest in women as they make meaningful contributions within the company and their communities. Bank of America demonstrates this investment with strong female representation at all levels of the organization — women make up more than 50 percent of its global workforce; more than 40 percent of its managers; more than 40 percent of its global management team; and more than 30 percent of its board of directors.

“Bank of America has a long-standing history of supporting women’s economic empowerment and leadership, both inside and outside of our organization. By creating a workplace where all employees can bring their whole self to work, we’re creating an environment where everyone can succeed and deliver for our customers and clients,” said Sheri Bronstein, global human resources executive. “Being named the Catalyst Award winner is reinforcement of the emphasis we’ve put on diversity and inclusion as part of our efforts to be a great place to work and help drive responsible growth.”

As part of its focus on being a great place to work and delivering for its customers and clients, the company invests in attracting diverse talent, creating opportunities for growth and development, supporting physical, emotional and financial wellness, and advancing economic mobility.

“We are committed to equality for the women in our company, and women around the world,” said Brian Moynihan, CEO. “When we invest in women leaders and make sure they have the right resources, they have the power to achieve any goal. Whether it’s starting a business, leading a Fortune 500 company, being there for their family or making an impact in the community.”

Attracting and retaining diverse talent

Bank of America continues to attract diverse talent and provide female employees the tools and programs to support their success. The bank partners with more than 200 colleges, universities and other organizations around the world to attract diverse talent. The company’s recruiting initiatives increased the representation of women across the company’s intern and full-time classes to over 40 percent.