Global investment manager T. Rowe Price announced today that it has hired Raymone Jackson to be the firm’s new Global Head of Diversity and Inclusion.

Bill Stromberg, T. Rowe Price President and CEO, said:

“While we have made real progress over the last decade on our diversity journey, we know we have much further to go. We believe we are at an inflection point in that journey, and Raymone’s track record of success in attracting, developing, advancing, and retaining diverse talent in the financial services industry will accelerate our progress.”

Jackson joins T. Rowe Price from his prior position of Executive Director, National Diversity Officer for Morgan Stanley’s wealth management business, where he developed and executed a comprehensive diversity and inclusion strategy, spanning 600 offices and 20,000 employees. He began his career at Northwestern Mutual, serving in a variety of leadership roles, including Senior Director, Diversity & Inclusion and Campus Development.

In his new position, Jackson will be responsible for the T. Rowe Price’s global diversity and inclusion strategy, overseeing current programs and envisioning new strategies for the firm to improve the attraction, development, and retention of diverse associates. According to T. Rowe Price, he will partner closely with the firm’s Management Committee, Black Leadership Council, employee-led business resource groups (which engage female, LGBTQ+, Black, Latinx, Asian, and veteran associates, as well as allies), and other key stakeholders to develop focused, actionable, and sustainable programs, building on—and accelerating—the progress the firm has made over the past several years.

Michelle Swanenburg, T. Rowe Price Head of Human Resources, said:

“Attracting and developing diverse talent globally is a business imperative that helps us create greater value for our clients and a better experience for our associates. Raymone is a results-driven leader and proven champion of diversity and inclusion strategies and programs. Our long-standing commitment to create a more diverse and inclusive workplace is more important than ever, and we look forward to benefiting from Raymone’s deep experience.”

Jackson said:

“I’m a passionate believer in the critical role that D&I plays in facilitating a culture of inclusion and belonging, advancing an organization’s priorities while meeting the needs of its clients, and positively impacting the lives of others. T. Rowe Price is one of the most admired financial firms, and I look forward to working with the Management Committee, other leaders, and the talented professionals on the D&I team to continue the firm’s progress.”