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Importance of Diversity

Read about the Importance of Diversity in the Vision & Values of Wells Fargo.

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John G. Stumpf
Chairman and CEO
By making diversity a competitive advantage, we can:
  • Make Wells Fargo a better place to work
  • Better understand our customers' needs
  • Provide outstanding service
  • Deliver more value to our stockholders

Diverse Segments

The Diverse Segments team creates and executes business strategies so we can earn more business from women, people with disabilities and (among others) our Latino, Asian American, African American, and Lesbian, Gay, Bisexual and Transgender communities.

For example, Wells Fargo was the first major financial services company in the U.S. to accept the Matricula card, a primary form of identification for Mexican nationals to open bank accounts — helping Mexican nationals reduce the risks associated with a cash economy.

Enterprise Diversity and Inclusion Council
The company’s Enterprise Diversity and Inclusion Council is chaired by Chairman and CEO, John Stumpf, and is comprised of senior leaders who have been identified by the company’s Operating Committee (CEO’s direct reports).

The council, which meets quarterly, is responsible for:
  • Establishing goals and setting direction in partnership with the Operating Committee in the areas of team member diversity and inclusion, market segment diversity, supplier diversity and regulatory/external reputation/diversity and inclusion advocacy;
  • Developing and implementing action plans;
  • Supporting alignment and linkages with line of business diversity councils and Team Member Networks;
  • Role modeling and championing diversity and inclusion-related behaviors as the “work of all” versus the “work of a few”; and
  • Ensuring the supporting infrastructure and measurements are in place to drive results across the company.

Success is measured in the areas of:
  • Team member diversity and inclusion;
  • Marketplace outcomes; and
  • Diversity and inclusion advocacy and reputation-building activities

We also have more than 50 Business Line Diversity Councils that align their work with direction provided by the Enterprise Diversity and Inclusion Council, advise business line managers on policy, program, culture and leadership best practices, and partner with members of the Team Member Networks to help advance priority initiatives.
About Wells Fargo's Commitment to Diversity...
Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

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