PERE: The unintended consequences of diversity initiatives
For the most part, the recent wave of senior female hires and promotions has been welcomed as a positive, if not overdue, change for the industry. Some executives, however, question whether diversity initiatives are being taken too far and will lead to unwanted backlash.
"Women are now in a position where great things are happening," says Gila Cohen, managing director of real estate and private equity at MUFG, the global asset servicing arm of Japanese bank Mitsubishi UFJ Financial Group.
