Morgan Stanley hosted its final Women’s History Month event in London featuring Elizabeth Corley, Vice Chairman of Allianz Global Investors and recent appointment to the Morgan Stanley Board.
Opening the event, Robert Rooney, CEO of Morgan Stanley International and Global Head of Technology, spoke about how an inclusive culture, where everyone can maximize their potential, is essential to the Firm’s success.
“A business with better gender equality increases employee productivity, better retains talent, generates greater innovation, engages a broader breadth of clients, and better manages risk,” he noted. “If we can make Morgan Stanley the best place for women to work in Finance, then we can achieve a sustainable competitive advantage.”
Corley was interviewed by Becci McKinley-Rowe, Head of U.K. Equity Sales and Co-Chair of the EMEA Diversity Action Council and spoke candidly about a wide range of topics including starting her career in Finance without going to university, her challenges and her successes.
Discussing her career, Corley explained that while her progression was often down to chance, there were times when she did have a plan. “My goal was to beat where I would have been as a graduate because I turned down a place at university,” she said. “What kept me going the sense that I could do more.”
On the topic of qualities needed for success, she highlighted “liking and being motived by work” and “being excited by the output of work” as constant in her career. “Motivating people to enjoy their work is what comes with leadership. Don’t assume it’s intrinsic to people; it's intrinsic to some, but not everybody,” she said.
When asked about diversity, Corley focused on the fact that all minority groups are “not sufficiently represented in senior positions in financial services and other sectors.” She spoke about the importance of working against unconscious bias, having the right processes, the right terms and conditions of employment, and the role senior leadership has in driving the diversity agenda.
The event concluded with a Q&A session, in which she was asked, among other things, about her role on the Morgan Stanley Board.
Are you interested in career with Morgan Stanley? Pleae click here.