Head of Risk Assessment at Silicon Valley Bank Invested in LGBTQ Programs in Months Leading Up to Shutdown

The head of financial risk management at Silicon Valley Bank (SVB) UK spent the months leading up to the shocking bank collapse launching and leading LGBTQ campaigns for the company.

Jay Ersapah, the head of financial risk management, organized a month-long pride campaign, a space for employees to share their coming out stories, and co-chaired the European LGBTQ Employee Resource Group, as the bank was at the brink of collapse.

Just four months before the bank was shutdown, Ersapah, who labels herself as “a queer person of color and a first generation immigrant from a working class background,” was included on SVB’s “Outstanding LGBT+ Role Models List 2022.”

“The phrase ‘you can’t be what you can’t see’ resonates with me. 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 co-chair the LGBTQ+ ERG and 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,” Esrapah wrote in SVB’s most recent Diversity, Equity and Inclusion initiative from August 2022.

“I’m encouraged by the greater attention given to issues of inequity in the innovation sector in recent years – but there is much more work to be done.” Greg Becker, President and CEO of SVB, also said in the release. (Read more from “Head of Risk Assessment at Silicon Valley Bank Invested in LGBTQ Programs in Months Leading Up to Shutdown” HERE)

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