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New York Life's 2023 Diversity, Equity, and Inclusion Report.
The 2023 Diversity, Equity and Inclusion (DEI) Report provides a snapshot of New York Life's diverse workforce and the impact we have on the communities we serve.
Read a message from Chair, President & CEO Craig DeSanto:
How does New York Life uphold inclusive principles and practices?
Our DEI Center creates opportunities for personal and professional growth, offers a platform to discuss challenging timely topics, and builds community across differing cultures and experiences.
- Our employee resource groups (ERG's)
- Social justice in action
- Career development
- Supplier diversity program
Our Employee Resource Groups:
4,034
ERG members
7%
ERG membership growth in 2023
100+
ERG events in 2023
48%
ERG members that belong to multiple ERG's
How does New York Life attract diverse talent?
Read about some of the ways we are attracting top, diverse talent to New York Life to enable our workforce to reflect the diversity of the customers that we serve.
- Year Up partnership
- Campus recruitment
- A career in real estate investing
Agency embraces diversity.
Learn about some of our successful agents in the field.
Jaydev Patel: The most successful agent in our history
Jaydev Patel, who earned the title of Council President in 1983, has qualified for New York Life's prestigious Chairman's Cabinet, Advisory Board of Directors, and Chairman's Council every year since their inception.
Evelin Freytas: Giving back
Evelin Freytas joined New York Life as an agent in 2009, and founded Mastermind Wealth Strategies, LLC, in 2020. By 2010, she qualified for Executive Council, a sales-based level of accomplishment not often reached so quickly.
Joyce Yoo: President of the AAC
Recipient of the Forbes Best-In-State designation in 2022 and 2023, Joyce Yoo, of the Chicago North Shore Office, was elected as the 2024 President of New York Life's Agents Advisory Council (AAC).
Mychael Nguyen: Embracing Cultural Markets
Mychael Nguyen began his New York Life career in 2003 as an agent in the Stockton, California, Office. He and the Houston Office fully embrace New York Life's Cultural Markets programs.
Helping to bridge the racial wealth gap in America.
Our impact investment strategy, to which we’ve committed $1.3 billion over the past three years, focuses on support for affordable housing, small businesses, and community development.
- $500 million in commitments to Low Income Housing Tax Credits
- $200 million commitment to Fairview Capital
- $175 million of investments in new loans to support transitional housing facilities in NYC
Affordable Housing
New York Life believes affordable housing represents the greatest opportunity to deploy capital at a large scale and directly improves financial well-being.
Small Business
Small business success is directly tied to individual employment opportunities and economic stability.
Community Development
Support for community services that enhance health and wellness, childcare, education, financial literacy, and credit building will help accelerate economic empowerment.
Empowering renters to build wealth through housing.
The New York Life Foundation views the Renter Wealth Creation Fund as a pivotal instrument for empowering communities with limited wealth accumulation opportunities.
- Resident service plans tailored to the community's needs
- Cash Back Reward that assists renters in establishing emergency savings, paying off debt, and meeting daily needs
- Residents indirectly share in the value created by the fund's investments
Media contact
Kevin Maher
New York Life Insurance Company
(212) 576-7937
Kevin_B_Maher@newyorklife.com