Coronavirus: TIAA CEO Part Three

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.6 • 1.8K Ratings

🗓️ 7 September 2020

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

This Labor Day weekend we have a three part interview with Roger Ferguson, President and Chief Executive Officer of TIAA, the leading provider of retirement services in the academic, research, medical, and cultural fields and a Fortune 100 financial services organization. Mr. Ferguson is the former Vice Chairman of the Board of Governors of the U.S. Federal Reserve System. He represented the Federal Reserve on several international policy groups and served on key Federal Reserve System committees, including Payment System Oversight, Reserve Bank Operations, and Supervision and Regulation. As the only Governor in Washington, D.C. on 9/11, he led the Fed’s initial response to the terrorist attacks, taking actions that kept the U.S. financial system functioning while reassuring the global financial community that the U.S. economy would not be paralyzed. We did this interview right before things shut down in March, but because we thought it was so good we didn't want to waste it! Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0	Whether it's an under the radar genre or a proper out there podcast, sometimes it's better when you get weird, especially when it comes to switching up your soft drink, introducing new Dr Pepper Zero
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0:24.0	Weird. But in a surprisingly good way, try more weird with Dr. Pepper Zero.
0:30.0	Welcome to the Jill on Money Coronavirus Market Update. It is Monday, September 7th, Labor Day.
0:41.0	And in this, the last of our three-part interview with Roger Ferguson, the CEO of TIA
0:47.2	we are focusing on workplace diversity in financial services and throughout all of Corporate America.
0:54.3	I hope you enjoy it.
0:55.4	Don't forget if you have a question we are always here for you.
0:58.8	Ask Jill at Jill on Money.com.
1:01.4	Okay here's the conclusion of our interview with Roger Ferguson.
1:05.3	I do want to ask you about in financial services and in all of corporate America,
1:11.2	but let me just deal with financial services specifically.
1:14.4	Just don't get a lot of people of color in the industry.
1:18.2	What can we do to improve that?
1:20.5	Well, look, there are several things we can do to improve it. First, it would be helpful if the industry put a real value as we do at my company on diversity and inclusion.
1:29.0	We're really proud that we had the first African American officer of our major insurance company back in the
1:35.8	50s.
1:37.2	We had the first woman on our board, the first woman on board of any major financial service company in the 40s and an
1:45.2	African American board member in the 50s and my predecessor Cliff Wharton first African
	...

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