Education and Industry Forum on Financial Services Culture

The Education and Industry Forum (EIF) on Financial Services Culture is a group of academics and leaders from business schools and financial services committed to promoting the development of an agile, adaptable, and ethical future workforce in the financial services industry. The Forum provides a regular opportunity for senior representatives from both sectors to identify challenges faced by the industry with regard to culture, behavior and ethics, and determine actionable, collaborative solutions to address them. The EIF is a private-sector voluntary membership group sponsored by the Federal Reserve Bank of New York. See the charter and antitrust guidelines

For more on the reform of culture and behavior in the financial services industry, see New York Fed's Governance & Culture Reform.

Current Members

Mark Adams
Group Head of Talent & Leadership, Culture, Diversity
& Inclusion, Resourcing and Group HR Chief Operating


Scott DeRue
Edward J. Frey Dean and
Stephen M. Ross Professor
of Business

University of Michigan –
Ross School of Business

William Boulding
Dean and J.B. Fuqua Professor
of Business Administration
Duke University –
Fuqua School of Business

Jonathan Haidt
Thomas Cooley Professor
of Ethical Leadership
New York University –
Stern School of Business;
Founder and Director

William Bousquette
Managing Director and
Chief Operating Officer of the
Investment Banking Division

Goldman Sachs

David Kirshenbaum
Managing Director and
Chief Operating Officer
of Corporate and
Investment Banking


Emmanuelle Bury
Chief Conduct and
Control Officer

BNP Paribas USA Inc. & CIB Americas

Richard K. Lyons
Professor, Former Dean, and
William and Janet Cronk Chair
in Innovative Leadership
University of California, Berkeley –
Haas School of Business

Joanne Ciulla
Professor and Director
of the Institute for Ethical Leadership

Rutgers Business School –
Newark and New Brunswick

Peg Sullivan
Managing Director and
Global Head of
Talent Management
Morgan Stanley

Federal Reserve Bank of New York (Ex-Officio)

Thomas Noone
EIF Chair

Alex Leonard

Maria Carmelita Recto
EIF Secretary

Jacqueline McCormack

Toni Dechario

Anika Pratt
Communications & Outreach

Jordan Jhamb

Andrea Priest
Communications & Outreach

All documents in PDF format PDF
September 13, 2019
May 7, 2019

News and Announcements

New York Fed Launches the Education and Industry Forum on Financial Services Culture
April 30, 2019


October 2019