The Anita Borg Institute honors Bank of America as the 2014 winner of the Top Company for Women in Computing ABIE Award. Bank of America has achieved an exceptional representation of women technologists in both its management track and team of technical experts. The bank has the highest percentage of women among its technical experts of any company ever considered by ABI for a Top Company Award. In addition, Bank of America successfully retains the vast majority of its female technologists, with only 3% voluntary turnover annually.
“We are doing a lot of work across Bank of America, and on our technology team in particular, to increase the representation of women in leadership roles,” said Cathy Bessant, Bank of America’s Global Technology & Operations executive. “This is a journey for us. While we have certainly made progress, we will continue to identify root causes that hold women back, and attack them with vigor. At Bank of America, we’re developing women to be great technologists and great leaders.”
Bank of America’s accomplishments in recruiting, retaining and advancing women in computing are the outcome of an array of supportive programs. The bank’s Women in Technology & Operations advocacy group strives to attract, develop and retain women in the company’s technology and operations divisions, while the Employee Resource group LEAD (Leadership, Education, Advocacy and Development) for Women promotes professional women’s development within the bank.
Telle Whitney, president and CEO of ABI, saluted Bank of America’s achievements. “We are delighted to honor Bank of America for setting a new bar and breaking previous records, and for working diligently to ensure greater diversity throughout their organization,” said Whitney. “They have designed and executed successful programs and initiatives to support real diversity, and are a model organization that others can turn to for knowledge and inspiration.”