NEW
YORK, May 1, 2024 /PRNewswire/ -- The Institute
for Diversity and Inclusion in Finance (IDIF, Inc.) is joining
forces with the Investment Diversity Advisory Council, Inc. (IDAC)
to create a more unified approach to financial inclusion. In this
exciting new venture, IDIF, Inc. will be renamed "The IDAC
Foundation" and expand its focus to include financial literacy and
education. Both organizations will be led by former IDIF executive,
MonaLisa Raass Como, as the newly
appointed CEO of IDAC, Inc. and President of The IDAC
Foundation.
IDAC actively champions innovative solutions for capital and
talent maximization. With over $18
trillion in assets through its membership of industry
leaders, IDAC's members are a driving force in advancing financial
inclusion. IDAC Founder & Chair Sam
Austin stated, "IDAC has experienced meteoric growth since
inception and today we are taking a quantum leap forward. We have
long admired IDIF's philanthropic focus on DEI and MonaLisa's
proven leadership. Our new structure and leadership allow IDAC to
play a pivotal role in uniting our collective forces in financial
inclusion."
Former IDIF Chair and now IDAC Foundation Chair Kate Murtagh remarked, "with IDAC's commitment
and active engagement in leading change, they are a natural
complement to our community of thought leaders and collaborators.
We are eager to include the IDAC members to IDIF's open community
of transparency and inclusion as the new IDAC Foundation. I
look forward to this new chapter for IDIF and MonaLisa's expanded
role in leading our organizations."
Ms. Como has a proven track record in leading large and complex
transformations at scale with over two decades in financial
services, most recently at PayPal and Capital One. "I am honored to
lead the IDAC and IDIF organizations during this transformative
period", says Ms. Como. "Together, we are poised to reshape
financial inclusion at its core."
About IDAC and The IDAC Foundation
IDAC is a 501(c)(6) not-for-profit membership-based industry
organization that empowers collaboration that unites the financial
sector to champion and identify innovative solutions for capital
maximization. IDAC's network of leaders strives to create superior
outcomes for stakeholders, with financial inclusion as the core
mission.
Formerly IDIF, Inc., The IDAC Foundation, a 501(c)(3) nonprofit
whose sole corporate member is IDAC, unifies industry leaders and
organizations through thought leadership, coalitions, and resource
sharing to illuminate the path toward a more inclusive financial
sector.
For information:
media@idacfinance.org
www.idacfinance.org
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SOURCE IDAC Foundation