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Banking On Diversity

Boasting a racially and culturally diverse work force, the World Bank aims to spread awareness about its mission to increase employment of under-represented U.S. minorities.

WASHINGTON — Few organizations have as racially and culturally diverse a work force as the organizations that make up the World Bank Group. Of its 13,000 employees, nearly 60 percent of whom are located in downtown Washington, D.C., and the rest scattered across 160 offi ces around the globe, nearly every nation in the world is represented in the World Bank work force.

This past fall the World Bank launched a new chapter in its long-running diversity and inclusion efforts by inaugurating the US Minorities Working Group. The working group, which comprises World Bank offi cials and representatives from

U. S. minority-serving organizations, has been meeting in Washington to devise strategies to spread awareness about the bank’s mission and to develop initiatives to increase African-American, Hispanic, Native American and Asian-American exposure to, as well as employment at, the World Bank.

While much of the World Bank employee base comes to the bank group’s institutions as midcareer professionals and holds short-term appointments, bank offi cials have indicated that they want to include more minority Americans among the core of young professionals they hire as long-term staffers. Through “the Young Professionals program, or what we call the YP program,” the World Bank has typically hired candidates with Ph.D.s and master’s degrees with three to fi ve years of postgraduate experience, says Juliana Oyegun, chief diversity offi cer of the World Bank Group.

“When it comes to the replenishment of the (World Bank’s) core work force, we’re prepared, (in regards to) African- Americans and U.S. minorities in general, to make some adjustments bearing in mind how diversity is handled in the

U. S.,” Oyegun says. “I think the jobs that we will try to focus on are for people who are fi nishing graduate school in this country. They’ll be jobs that support our operation — fi nance, accounting, human resources and general services.” Serving within the US Minorities Working Group are professionals with ties to minority-serving institutions, such as Dr. Julianne Malveaux, president of Bennett College for Women, and Dr. Leonard Haynes, former executive director of the White House Initiative on Historically Black Colleges and Universities. The working group has 12 external members and 16 World Bank offi cials serving as internal members. Oyegun says the working group’s external members have critical expertise for helping the bank develop marketing campaigns that will inform students as well as faculty and administrators at minority-serving institutions about the World Bank’s work and operations.

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