Corporate world is shifting : Machin s swift departure from CPPIB underscores public intolerance for bad behaviour in the C-suite
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Alberta Finance resists pension plan representation on AIMCo board
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Raytheon Technologies to Launch Diverse Manager Program
Asset managers for the $110 billion corporate plans should start hiring with race, gender, and other considerations in mind, CIO Robin Diamonte says.
Robin Diamonte, chief investment officer at Raytheon Technologies, expects to soon launch a diverse manager program, pressuring the fund’s asset managers to hire more minorities and those from other underrepresented groups.
The investment team will start seeking and interviewing diverse managers for all of its new mandate searches, according to the investment chief. The fund will evaluate managers based on four diversity, equity, and inclusion criteria.
“I’m not doing this because it’s a social justice issue,” Diamonte told
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