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[1/2] A boardroom is seen at the legal offices of the law firm Polsinelli in New York City, New York, U.S., June 3, 2021. REUTERS/Andrew KellyAug 9 (Reuters) - Boards of S&P 500 companies made recruiting directors with financial expertise their top priority over the past year, slowing boardroom gains for minorities, according to a new report. According to research firm Equilar, just three of 68 financial services CEOs in the S&P 500 are nonwhite. Investors have sought more boardroom diversity as part of a broader U.S. reckoning on race relations. The decline in the share of new minority directors came from a drop in Black or African-American directors.
Persons: Polsinelli, Andrew Kelly, Spencer Stuart, Julie Daum, Spencer Stuart's, Daum, Ross Kerber, Jonathan Oatis Organizations: REUTERS, Investors, Thomson Locations: New York City , New York, U.S
A boardroom is seen at the legal offices of the law firm Polsinelli in New York City, New York, U.S., June 3, 2021. REUTERS/Andrew KellyNEW YORK, Sept 27 (Reuters) - Almost 60% of Asian women working in the U.S. financial sector say their race has hindered their careers, particularly at senior levels, according to a study by The Association of Asian American Investment Managers (AAAIM) published on Tuesday. Of the AAPI women surveyed, 62% said race became a bigger impediment later in their careers. Biases about gender and race can combine to block AAPI women from being promoted to executive roles, despite being well represented in junior and mid-level positions, she said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Lananh Nguyen; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.
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