Jay Ersapah, who acts as CRO for the bank… describes herself as a ‘queer person of color from a working-class background’ – organized a host of LGBTQ initiatives including a month-long Pride campaign and implemented ‘safe space’ catch-ups for staff.
‘As a queer person of color and a first generation immigrant from a working class background, there were not many role models for me to ‘see’ growing up.
‘I feel privileged to help spread awareness of lived queer experiences, partner with charitable organizations, and above all create a sense of community for our LGBTQ+ employees and allies.’
May 1, 2022 – Pelosi, in Surprise Kyiv Trip, Vows Unbending US Support
May 14, 2022 – Mitch McConnell visits Kyiv in surprise meeting with Zelensky
Sep 8, 2022 Secretary of State Antony Blinken made an unscheduled visit to Kyiv Thursday to announce a $2 billion military aid package for Ukraine…
Feb 20, 2023 – Biden Makes Surprise Visit to Ukraine, Promises $500 Million in Aid Ukraine’s President Volodymyr Zelenskiy and U.S. President Joe Biden shake hands before a meeting, amid Russia’s…
Feb 27, 2023 KYIV, Ukraine — U.S. Treasury Secretary Janet Yellen made a surprise visit to Ukraine Monday, in which she reaffirmed America’s support for the country and announced $1.25 billion in economic aid for things like schools and hospitals. The money is the first part of a new $9.9 billion package of civilian aid for Ukraine as its war with Russia …
Mar 3, 2023 Garland also made a surprise visit to the country last June, just a few months after the war began. On Friday, the U.S. announced an additional $400 million in assistance for Ukraine…
March 10th 2023 – Collapse of SVB is largest bank failure in US since 2008 Washington Mutual closure: Customers with deposits OVER $250,000 brace for losses
SVB Financial Group – Silicon Valley Bank Hires Chief Diversity, Equity & Inclusion Officer
SANTA CLARA, Calif.—December 2, 2020— Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, today announced the appointment of Angela Morris Lovelace as the company’s new Chief Diversity, Equity and Inclusion Officer. In this role, Lovelace will champion, promote and guide the company’s diversity, equity and inclusion (DEI) strategies…
SVB INCLUDED IN BLOOMBERG GENDER-EQUALITY INDEX FOR FIFTH YEAR
SANTA CLARA, Calif., Jan. 31, 2023 /PRNewswire/ — SVB, the financial partner of the innovation economy, today announced that it has been named a member of the Bloomberg Gender-Equality Index (GEI) for a fifth year running.
“SVB has made important progress in our journey to build a stronger culture of inclusion and an environment where all employees feel connected, celebrated, rewarded and supported,” said Angela Lovelace, Chief Diversity, Equity and Inclusion Officer at SVB.
Jay Ersapah, who acts as CRO for the bank in Europe, Africa and the Middle East and who describes herself as a ‘queer person of color from a working-class background’ – organized a host of LGBTQ initiatives including a month-long Pride campaign and implemented ‘safe space’ catch-ups for staff.
‘As a queer person of color and a first generation immigrant from a working class background, there were not many role models for me to ‘see’ growing up.
‘I feel privileged to help spread awareness of lived queer experiences, partner with charitable organizations, and above all create a sense of community for our LGBTQ+ employees and allies.’
…
Last year she featured in a corporate SVB video which purported its pro-LGBTQ credentials.
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This weekend critics hit out as Ersapah’s apparent preoccupation with LGBTQ issues.
One Facebook user, Paul Tucker, wrote: ‘The [SVB] Board of Directors is filled with diversity hires who are there because of their woke credentials.
‘They all have pronouns in their bios, which are filled with corporate newspeak.
‘The Head of Financial Risk and Model Risk Management was this nutbag: Jay Ersapah.
‘This is what happens when you allow people to manage your money based on woke principles instead of on their actual skill and competence.
‘I hope the depositors at this failed bank enjoy all of that diversity, because diversity is your strength, eh?’
He signed off the post: ‘Get woke, go broke.’
Yellen says no federal bailout for Silicon Valley Bank
Rewarding Risk | Perspectives on History | AHA
The bailouts during the Great Recession in 2008 totaled in the trillions—$24 trillion by one reckoning—but because most was repaid or not used, the bailout during the 1980s bank crisis retains the title as most expensive for taxpayers.
Biden Claims U.S. Banking System Is ‘Safe’ After SVB Collapse
PA Fraternal Order of Police Lodge No. 38 