Capital Allocators – Inside the Institutional Investment Industry

[REPLAY] Shundrawn Thomas – Leading the Way (Capital Allocators, EP.153)

Jan 23, 2023
Shundrawn Thomas, the President of Northern Trust Asset Management, oversees a $900 billion organization while being a passionate advocate for diversity in finance. He shares his journey through the asset management industry, touching on the importance of values in recruitment and mentorship. Shundrawn addresses challenges related to race and unconscious bias, emphasizing how diversity enhances performance. He also discusses the unique culture at Northern Trust and how businesses can transition from dialogue about diversity to meaningful action.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Career Start

  • Shundrawn Thomas's career began with a co-op at Andersen Consulting, sparking his interest in business.
  • Internships, including one at Morgan Stanley, shifted his focus from accounting to capital markets and investing.
ADVICE

Navigating Race in the Workplace

  • Acknowledge that race is a sensitive topic and influences every aspect of life, especially in the US.
  • Navigate workplace culture while addressing the subtle challenges posed by racial stereotypes and biases.
INSIGHT

Northern Trust's Culture

  • Northern Trust's culture prioritizes the team over individual actors, emphasizing collaboration and consensus.
  • Its strong, conservative culture, rooted in fiduciary heritage, fosters a purposeful and long-term approach.
Get the Snipd Podcast app to discover more snips from this episode
Get the app