IA responds to calls for greater ethnic diversity on board

Will recruit one 'ethnically diverse' member by 2024

Lauren Mason
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Umunna recently joined JP Morgan
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Umunna recently joined JP Morgan

The Investment Association (IA) has responded to former MP Chuka Umunna's tweet that nobody on its 17-strong board comes from an ethnically diverse background by pledging to appoint "at least one racially and ethnically diverse board member by 2024".

Yesterday (25 February), Umunna - who is joining JP Morgan after overseeing Edelman's ESG operations - tweeted that the IA has "no ethnic diversity on its board" after the firm announced on Wednesday that...

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