PGIM Fixed Income names first DEI director

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PGIM Fixed Income appointed Diane Parker as head of diversity, equity & inclusion, a new position for the Newark-based firm. 

Parker joined the company Sept. 6 and reports to PGIM Fixed Income President John Vibert. She will be responsible for developing and implementing a global DEI strategy for the company and its nearly 1,000 employees. 

She will work closely with Kathryn Sayko, who leads PGIM’s Office of DEI, as well as with Prudential’s Inclusive Solutions group, led by Lata Reddy, to benefit from those offices’ established DEI programs. 

Most recently, Parker served in a senior DEI role at Meredith Corp. Before that, she spent two decades at The Associated Press, where she created DEI strategic initiatives. 

“We strive to create a safe, inclusive working environment across PGIM Fixed Income, centered around mutual respect, intellectual honesty, transparency, and teamwork. Bringing on Diane further evidences our commitment to realizing our cultural aspirations,” Vibert said in a statement. “I have the utmost confidence that Diane’s creative and critical thinking, paired with her proven ability to design, influence and execute DEI programs, will serve as tremendous assets for PGIM Fixed Income employees and our clients.” 

With $790 billion in assets under management, PGIM Fixed Income is among the largest fixed income managers in the world. PGIM is the global asset management business of Prudential Financial Inc.