What is the Broken Rung? Navigating Race, Gender and Immigration in Finance

Wednesday, May 22nd 2024
12:00 PM to 1:00 PM

When it comes to talent pipeline progression, navigating the intersection of race, gender and immigration can be some of the greatest hurdles to attaining manager-level roles in finance. These setbacks result in a ‘broken middle’, where the representation of Black/People of Colour (BPOC) immigrant women significantly drops in middle management. Fix The Broken Rung released the study Why is it so difficult for racialized immigrant women to get promoted into management? which explores some of the biggest challenges women face on their journey from entry-level to management, and what some of the success factors are that help break down these barriers.

Join us to learn more about the study, and hear first-hand experiences from Amal Masri, founder of Fix The Broken Rung, and women who have participated in WCM’s Return to Bay Street Program.

*After the webinar takes place, all attendees (registrants and panelists) will receive a recorded copy of the webinar, as well as a link to the Why is it so difficult for racialized immigrant women to get promoted into management? Report.


Amal Masri

Founder and CEO, Fix The Broken Rung

Amal Masri is a marketing executive, social entrepreneur, and keynote speaker. She is the founder of Fix The Broken Rung, an organization whose mission is to enable young, racialized and immigrant women to level up into leadership and to support organizations in accelerating their advancement. Through keynotes, workshops, and professional development programs, Fix The Broken Rung trains leaders on inclusive and culturally intelligent talent development. Her work has been featured in outlets like the Globe and Mail, the Toronto Star, Strategy Magazine, Global News Radio, and Investment Executive.

A graduate of Columbia and McGill Universities, Amal began researching workplace equity as a student, studying Muslim women’s labor market participation and income levels. Her passion for gender economics and wealth creation eventually led to a career in financial services, where she held progressively senior roles at Manulife, Sun Life and Canada Life. Her DEI work is informed by her firsthand experience leading large and diverse teams through periods of rapid transformation.

Hao Tian

Director of Sustainability Advisory, CIBC Capital Markets

Hao Tian is a Director of Sustainability Advisory at CIBC Capital Markets. Hao joined CIBC in 2021 as an Associate of the Sustainability Advisory team from WCM Return to Bay Street Program. Prior to joining CIBC, Hao held various roles in technology, risk management, global loan syndication and financial sector consulting at several well-known global banks and the public sector.

Hao holds a Master of Finance degree and a Graduate Diploma in Social Responsibility and Sustainability from the University of Toronto, and a Bachelor of Economics degree from the Central University of Finance and Economics. Hao is a Certified Financial Risk Manager and hosts IFRS FSA Credential. In her spare time, Hao volunteers to support the community (WCM, TRIEC, CUFE Alumni Association) and mentor graduate students' research projects.

Bunmi Alao

Program Manager, Scotiabank

Bunmi Alao is a seasoned Financial Professional with extensive expertise in Investment Banking, Corporate Banking and Project Management, specializing in leading projects across Technology, Payments, Risk, and Finance sectors. Bunmi currently serves as a Project and Program Manager for Project Delivery and Support at Scotiabank.

Prior to her current role, Bunmi held pivotal positions within Scotiabank, including Associate Director roles in Supply Chain Finance, Corporate Banking, and Investment Banking – Financial Institutions Group.

Bunmi successfully led multiple projects in IT, Systems Integration, and Business Process Management, driving significant enhancements in operational efficiency and revenue generation. Earlier in her career, she held roles ranging from Analyst to Vice President in Investment Banking, where she played a pivotal role in securing equity and debt capital, mergers, and acquisition deals, launching innovative financial products, and fueling business growth.


Ro Parahoo

Interim Director and Senior Manager, Research & Advocacy, WCM

Ro will be leading this event on behalf of WCM.

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