JPMorgan Chase to Host Powerful Conversations on Resilience and Reinvestment at Sixth Annual Women on the Move Leadership Day
NEW YORK, NY (October 6, 2021) – The past two years have shed light on and exacerbated long standing challenges for women—at home and at work—particularly women of color and working moms. On Wednesday, October 6, JPMorgan Chase will host its sixth annual Women on the Move Leadership Day virtually for more than 20,000 employees, clients and partners around the world. Prominent speakers across industries and expertise will discuss issues affecting women today, including career growth, racial equity, financial health, and sustainability.
Notable speakers joining Jamie Dimon and the JPMorgan Chase team will include General Motors CEO Mary Barra, psychotherapist Esther Perel, former Prime Minister of Australia Julia Gillard, designer Rebecca Minkoff, and keynote speakers Dr. Tina Opie, Founder of Shared Sisterhood Framework, Tiffany Yu, CEO and Founder of Diversability, and many more.
“Women have risen to the challenges of the pandemic, managing enormous responsibilities at home and in jobs that often became unrecognizable—whether on the front lines of healthcare, managing remote teams, or teaching 25 first graders over Zoom,” said Sam Saperstein, Head of Women on the Move at JPMorgan Chase. “It’s particularly meaningful to come together at this moment, when recognizing women’s resilience and responding to their most pressing needs at work is more important than ever.”
What’s Women on the Move?
JPMorgan Chase has long focused on empowering women employees. Women on the Move started as an internal, firm-wide program to empower the firm’s female employees to grow their careers. In 2018, JPMorgan Chase expanded the program to include female clients, customers and the communities we serve. Recent highlights from the program include:
1. Support women-owned businesses. In 2019, JPMorgan Chase made a three-year commitment to lend $10 billion to women entrepreneurs by 2021. The firm has reached and surpassed this goal, thus far extending more than $12.7 billion in credit to fuel over 436,000 women-owned businesses. This does not include the support provided to women-owned businesses during the pandemic through the Paycheck Protection Program.
- The Curated Coaching for Entrepreneurs program for small businesses is a free program that allows business owners to meet one-on-one with coaches about the specific issues they are facing. Sessions are available at their convenience, including on nights and weekends. More than 400 businesses have participated this year and the program continues to grow.
2. Increase firmwide representation of women. The firm is seeing positive progress across multiple levels thus far in 2021, including the largest number of women promoted to Managing Director in the last five years, and a record number of women promoted to Executive Director. Additionally, 50 percent of the 2021 intern class was women and 51 percent of the full-time analyst and associate offers in all functions firmwide went to women.
- Women on the Move and Fast Forward Group partnered to offer a professional and personal development program to help fuel employee career growth. The program empowers employees to build their careers by providing power principles that are practical, actionable and relevant, with a virtual learning and cohort experience that is open to employees globally. More than 6,000 employees have participated in the program globally since it launched last year.
3. Improve women and girls’ financial health by helping over one million women make saving a priority and educating over 40,000 girls on financial health over the last two years.
- The Chase Autosave feature through both the web and mobile was rolled out in early 2019, and to date we have helped one million women save $3.2 billion
- Through partnerships with Girls Inc., IGNITE, Barnard College and others, JPMorgan Chase has provided training to prepare young women and girls to make wise financial choices. JPMorgan Chase has also broadened its relationship with Girls Inc. to include other support during COVID-19, for example, by providing technology to girls in need and developing virtual curriculums.
Investing in Women
JPMorgan Chase is committed to supporting women around the globe and expanding economic opportunity, especially for women of color. Recent initiatives include:
- Helping the Women’s Center for Economic Opportunity implement a new program aimed to upskill Black women in Ohio across high growth industries.
- Supporting the Edelgive Foundation in India to help 5,000 women fish vendors in Mumbai increase their income, open new supply chains and access additional markets.
- Working with Fast-track into Information Technology in Ireland to help more than 150 young women from underserved communities in Dublin gain access to tech apprenticeships.
Additionally, JPMorgan Chase is evolving this year’s AdvancingCities Challenge, an annual competition that sources innovation to help advance systemic change in U.S. cities, to source bold solutions to help support economic recovery and long-term prosperity for Black and Latina women, their families, and local economies.
Join the Conversation
Join the conversation on social media by using #PowerHer throughout October 6. Visit www.jpmorganchase.com/WOTM for more information about Women on the Move.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
Maura Hart – email@example.com