Miami Finance Forum and Bank of America Unite to Launch
the Black Students Initiative Aimed at Widening the Pool of Diverse Candidates in Finance

The program will bring together four colleges and universities throughout Miami-Dade County to create a pipeline of future finance professionals.

Miami Finance Forum (MFF), in partnership with Bank of America, is pleased to announce the launch of the Black Students Initiative (BSI). The mentorship-focused program has enrolled 15 Black students with an interest in pursuing a career in finance from Barry University, Florida International University, Miami Dade College, and Florida Memorial University (FMU). 

As a non-profit, MFF is committed to making the community welcoming and open to professionals across the finance landscape. Over the past summer, the organization recognized its responsibility to commit attention to bridging the gap between the established finance community and underrepresented groups. The partnership with Bank of America offers African-American/Black students a membership with the Miami Finance Forum. This membership program compliments MFF’s new social justice programming that aims to feature African-Americans in the corporate world.

Those enrolled represent each educational institution’s most promising students who identify as African-American or Black who are close to graduation and majoring in finance, business or have a strong desire to work in a finance-related career. Currently in the initial stages of the program’s launch which will go through December 2021, the BSI provides a strong benefit of professional networking and programming, along with access to local leaders and professionals in South Florida and job opportunities following graduation.

“The Miami Finance Forum provides students with an unmatched network of professionals with unique opportunities to connect, grow and develop,” says Raul A Garcia, chair of the Miami Finance Forum. “Expanding our network to support a more inclusive and diverse group of tomorrow’s business leaders is an important next step for us. The Black Students Initiative will enable us to mentor and develop local talent, advancing Miami’s black community and growing our exciting and diverse business landscape.”

As the sole sponsor, Bank of America has invested $4,000 to develop the infrastructure for the program and to provide a unique opportunity for the students to obtain guidance from successful and professional members of the Miami finance community. Bank of America’s support will help advance racial equality and economic opportunity, with a particular focus on helping create opportunity for people and communities of color.

“At Bank of America, we are committed to the advancement of racial equality and economic opportunity and empowerment, especially for young adults,” said Richard Adjaye, global treasury sales officer at Bank of America and Miami Finance Forum board member. “By partnering with the Miami Finance Forum we are investing not just in a program, but the lives of Black students in Miami and providing them with tools to create positive change for themselves and their communities.”

About Miami Finance Forum

The Miami Finance Forum (“MFF”) is a not-for-profit membership organization comprised of professionals and executives from the world of finance, investment management, banking, commercial real estate, capital markets, private equity, venture capital, legal, accounting, and related fields. MFF creates programming that fosters and supports the continued growth of Miami and the rest of South Florida as the premier network of finance and investment professionals. It is dedicated to expanding the knowledge base and professional practices of its members while ensuring that the region continues to attract and retain its top talent.

 About Bank of America:

At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter (@BofA_News).

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