Wall Street firms “began to understand that diversity of your workforce was like diversification of your portfolio,” Marty Chavez, who held the chief information officer and chief financial officer positions at Goldman, said of his time on Wall Street. But Chavez, who is gay and Latino, said the financial sector is way behind in embracing diversity and pointed out that all his mentors were “straight white Jewish males.”
“If I had been waiting for a Latino mentor, or an LGBT mentor, or God forbid, one who is both Latino and LGBT, I’d still be out there waiting,” Chavez said.