Erika Irish Brown newly hired as lead of global diversity strategy in Citi bank

Erika Irish Brown from rival Goldman Sachs Group Inc is announced as a new usher to lead its global diversity strategy in the Citi bank, according to an announcement on the bank’s website.

Brown joins Citi as its chief diversity, equity, and inclusion officer from Goldman Sachs, where she had led that bank’s diversity and inclusion efforts since mid-2018. Brown previously worked at Bloomberg in the same.

Goldman named Megan Hogan to replace Brown, according to a memo sent to staff and seen by media.

The role of chief diversity officer has taken on renewed prominence as corporations work to address inequality and systemic racism roughly one year after George Floyd’s death in Minnesota.

Under Brown, Goldman set a goal that 11% of all new analysts and entry-level associates hired in the United States and 9% hired in the U.K. be Black professionals, for 14% to be Latino professionals and a half to be women.

And last summer, Goldman’s investment bank formed the Council for Advancement of Racial Equity to increase recruitment, hiring and career development for Black professionals.