Empowering women is good business

Bank of America has a long tradition of supporting women’s economic empowerment and leadership, from promoting women to key positions to developmental internal programs and female-empowerment-focused external partnerships. Kerri Schroeder, West Region commercial credit executive for the bank’s Global Commercial Banking and Business Banking groups, is an example of a senior leader at Bank of America who’s driving women’s empowerment forward.

“From the founding of our first predecessor bank, at which one tenth of our original investors were women, to creating a Women’s Banking Department directed and staffed by women, we’ve continued to serve women through the decades,” said Schroeder. “Our businesses, including Bank of America Merrill Lynch and U.S. Trust, have produced thought leadership on the importance of women in the marketplace, ranging from women’s global economic power to women as an investment strategy.”

From the founding of our first predecessor bank, at which one tenth of our original investors were women, to creating a Women’s Banking Department directed and staffed by women, we’ve continued to serve women through the decades.

Kerri Schroeder
West Region commercial credit executive for the bank’s Global Commercial Banking and Business Banking groups

In her role for the bank, Schroeder is responsible for leading the team that underwrites and approves credit for companies in the western United States with revenues from $5 million to $2 billion.

She is also active in her community, serving as a mentor for the Vital Voices Global Ambassadors Program. Vital Voices connects women leaders of business and social enterprises from around the world with established female executives from a range of businesses, including Bank of America, for one-on-one mentoring.

In Seattle, Bank of America is honored to be the lead sponsor of multiple initiatives, including: Women in Business and Leadership Initiative, a Seattle Chamber of Commerce initiative to empowering women to grow and succeed in business and leadership; 100% Talent, focused on pay and gender equity in the workplace; and The Boardlist, an organization focused on getting women onto corporate boards.

11/20/2017

 

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