5. GENDER EQUALITY

Most Powerful Women in Banking Top Teams: First Horizon Bank – American Banker

Written by Amanda

First Horizon Bank

Headquarters: Memphis, Tennessee 

Assets: $89 billion 

Female representation among senior employees: 42%

Female representation on operating/management committee: 44%

Three women joined the C-suite at First Horizon in 2021. Tammy Locasio was promoted to chief operating officer, Tanya Hart was elevated to chief human resources officer and Hope Dmuchowski was recruited and hired as the chief financial officer. The three joined a C-suite that already had a female chief risk officer, chief credit officer and chief communications officer. For the first time in the bank’s history, women make up 60% of the executive management team. And the overall percentage of female employees at the senior level nearly doubled from 2020 to 2022 — 24% and 42%, respectively.  However, only time will tell if this team continues to work together. In February, TD Bank Group announced it would acquire First Horizon. 

Selected executive highlights:

Source: americanbanker.com

About the author

Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai