RICHMOND, VA (October 23, 2018) — Genworth Mortgage Insurance (Genworth), an operating segment of Genworth Financial, Inc. (NYSE: GNW), was recognized by the Mortgage Bankers Association (MBA) as a 2018 Residential Diversity and Inclusion Leadership award winner at MBA’s 2018 Annual Convention and Expo held Oct. 14-17 in Washington, D.C. The annual awards recognize MBA members for their leadership efforts in diversity and inclusion in two award categories: organizational diversity and market outreach strategies.
Genworth was one of two 2018 MBA Residential Diversity and Inclusion Leadership award recipients in the Organizational Diversity and Inclusion category. The company was recognized for its focus on helping employees understand the implications of their words and actions on their colleagues and the world around them. From multi-faceted, in-depth training on topics like microaggressions and intersectionality to refreshed employee resource group charters with an intrinsic focus on “not having to be one of, to stand with,” Genworth has created space for open dialogue and active listening among employees, as well as an understanding of each of our roles in fostering an inclusive workplace.
“MBA members throughout the country are committed to diversity and inclusion, which was evident from the quality submissions we received from countless members who are developing valuable initiatives and programs to better serve their employees and customers,” said Chris George, 2019 MBA Chairman, and President and CEO of CMG Financial. “This year’s winners reflect the best of those submissions, and they deserve to be celebrated for creating positive change and progress in the mortgage industry.”
“We’re thrilled to receive MBA’s 2018 Residential Diversity and Inclusion Leadership award,” said Rohit Gupta, president and CEO, Genworth Mortgage Insurance. “Driving diversity and inclusion in the workplace is not a ‘nice to have’; rather, it’s an imperative as we work to better reflect the people we serve, as well as develop and maintain a strong, talented and aware workforce. Recognizing that fostering a diverse and inclusive workplace is a journey, not a destination, we look forward to continuing to create the space and opportunities for our Genworth team members to bring their whole selves to work each day.”
To determine this year’s Organizational Diversity and Market Outreach Strategies award winners, submissions were reviewed by two groups of judges consisting of members of MBA's Diversity and Inclusion Committee and MBA staff. The companies, based on overall number of employees, were scored by the quality of their overall submission, identification of a target audience and annual goals, demonstration of a tangible benefit to participants and the overall enterprise, and the replicability of the program. Innovative program approaches and potential success in broadening the culture of the organization through the values of diversity and inclusion were also considered.
ABOUT GENWORTH FINANCIAL
Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 insurance holding company committed to helping families achieve the dream of homeownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871 and became a public company in 2004. For more information, visit genworth.com.
From time to time, Genworth releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the "Investors" section of genworth.com. From time to time, Genworth's publicly traded subsidiaries, Genworth MI Canada Inc. and Genworth Mortgage Insurance Australia Limited, separately release financial and other information about their operations. This information can be found at http://genworth.ca and http://www.genworth.com.au.
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