Advancing a key agenda item from the the last several administrations, DFS has published aggregate gender and racial/ethnic data of board members and senior management for regulated banks, non-depository institutions, and insurance companies.
According to DFS, it collected the data from insurance companies with more than $100 million in 2019 New York premiums, regulated banks with more than $100 million in assets, and non-depository financial institutions with more than $100 million in gross revenue. The information reflected in the report is based on voluntary self-identification by senior leadership, as reported by the companies that responded to the survey and has not been independently verified by DFS.