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Diversity at Comerica Presented to: Leadership Detroit January, 2011.

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Presentation on theme: "Diversity at Comerica Presented to: Leadership Detroit January, 2011."— Presentation transcript:

1 Diversity at Comerica Presented to: Leadership Detroit January, 2011

2 2 Comerica’s Diversity Strategy RESPECT VALUE LEVERAGE......Unique insights, perspectives and contributions to support Comerica’s success.

3 3 Diversity is one of Comerica’s key business drivers Comerica Commitment to Diversity Diversity is a Comerica core value COMERICA’S DIVERSITY VISION STATEMENT: At Comerica, Diversity is embracing an inclusive culture that recognizes, respects and is sensitive to the differences of our community.

4 4 Overview of Comerica’s Diversity Initiatives Executive Diversity Council – Chaired by CEO and Chairman, Ralph W. Babb, Jr,, this group recommends Comerica’s strategic direction for Diversity & Inclusion. Local Diversity Roundtables – Promote ongoing diversity awareness and education among colleagues Constituencies: Employees Community Customers Shareholders Employee Resource Network Groups – Focus on professional development and serve as Comerica resource. Market Segmentation Initiatives – Focus on relationship building and business development.

5 5 Overview of Comerica’s Diversity Initiatives Executive Diversity Council Enterprise Wide Internally and Externally Focused  Headed by Comerica’s CEO and Chairman, Ralph Babb.  Members are Comerica’s senior executives.  Sets strategic direction for Comerica’s diversity and inclusion focus. Local Diversity Roundtables Market Based Internally Focused  Support strategic direction recommended by EDC.  Promote and support diversity and inclusion among Comerica colleagues.  Demonstrates to Comerica colleagues how diversity and inclusion can lead to individual and corporate success. Employee Resource Network Groups Market Based Internally Focused  “Grassroots” groups established by colleagues with common interests.  Professional development and networking contribute to colleague satisfaction, development, productivity and retention.  “Consultants” for external focused issues. Market Segmentation Initiatives Market Based Externally Focused  Relationship building with community leaders and centers of influence.  Establish and grow sustainable banking relationships.  Goal is to help members of diverse market segments be successful.

6 6 Market Segmentation Initiative Teams Primary Goal: To attract and strengthen sustainable customer relationships within diverse market segments. Market AreaMarket Segmentation Initiative Michigan  African American Initiative  Arab & Chaldean American Initiative  Asian Indian Initiative  Asian/Pacific Islander Initiative  Hispanic Initiative  LGBT Initiative  Women’s Initiative Texas  African American Initiative  Arab American Initiative  Asian/Pacific Islander Initiative  Hispanic Initiative  South Asian Initiative Western  African American Initiative  Asian Pacific Initiative  Hispanic Initiative  Women’s Initiative

7 7 Employee Resource Network Groups Primary Goal: Professional development of Comerica colleagues and serve as Comerica resource Market AreaERNG Michigan  CAAN (Comerica African American Network)  Women’s Forum  CASIA (Comerica Asian Indian Association)  Hispanic Ambassador Group  Comerica Michigan LGBT Alliance  Arab and Chaldean American Ambassadors Texas  Comerica Texas Diversity Council  Women’s Forum  Hispanic Ambassador Group  Comerica Texas LGBT Alliance Western  Hispanic Ambassador Group  Women’s Forum  Comerica Western Market LGBT Alliance

8 8 Local Diversity Roundtables Primary Goal: To promote ongoing diversity awareness and education among all Comerica colleagues. Local Diversity Roundtables  Texas Local Diversity Roundtable  Southeast Michigan Local Diversity Roundtable  Central/West Michigan Local Diversity Roundtable  Western Market Local Diversity Roundtable  Florida Local Diversity Roundtable

9 9 2010 Diversity Updates Comerica Diversity Honors  Comerica has received several honors for its diversity and inclusion focus in 2009 including:  #45 on 2010 DiversityInc Top 50 Companies for Diversity list  #8 on DiversityInc Top 10 Companies for Executive Women list  Placement on Black Enterprise Magazine’s 2010 40 Best Companies for Diversity List  Named on Latina Style Magazine’s 2010 Best U.S. Companies for Latinas to Work For List  Named on Hispanic Business Magazine’s 2010 Diversity Elite 60 List


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