Saturday, March 11, 2023

"queer person of color" risk assessment officer destroyed bank

By "W"
sat, mar 11, 2023 4:40 p.m.

Posted by at

3 comments:

Anonymous said...

A promotion(and transfer) is in order.Firing prohibited.

--GRA

Sunday, March 12, 2023 at 1:06:00 AM EST
Anonymous said...

"A promotion(and transfer) is in order. Firing prohibited."

Yes. That person will just move on to better things, Higher pay, more prestige. They fill in multiple ways valuable categories for affirmative action and diversity.

Sunday, March 12, 2023 at 6:58:00 AM EDT
Anonymous said...

The 'queer person of color':

[Meanwhile, Jay Ersapah, who acts as CRO for the bank in Europe, Africa and the Middle East ...]

So she was only responsible for the regions above -- it's not clear how much of contribution to the failure those regions made -- I would guess less than the US/North America, where the real fiat casino risk-off speculation capitalism is centered.

[SVB's former head of risk, Laura Izurieta, who formerly performed a similar role for Capital One, left the bank in April 2022. She wasn't replaced until January 2023 when the bank hired Kim Olson, formerly of Japanese bank Sumitomo Mitsui.]

SVB had no official chief risk officer for 8 months
https://fortune.com/2023/03/10/silicon-valley-bank-chief-risk-officer/

They are all women however.

Sunday, March 12, 2023 at 5:47:00 PM EDT

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