| | CAREER OUTLOOK
Avid Modjtabai
Executive Vice President, CIO, Technology and Operations Wells Fargo
All banks rely on their back offices to take care of the mechanical activity that is invisible to customers but ensures that the wheels of finance turn. At Wells Fargo, Avid Modjtabai, who has been with the bank for 18 years, has led the Technol- ogy Information group since 2007. Her portfolio includes responsibility for core technology activities; these include computing
and connectivity services, business continuity planning, enterprise architecture and problem management. Her latest post is one in a series that spotlights her multiple talents. Previously, she was the bank’s director of human resources, a 24-7 job in a global business with more than 160,000 employees. Prior to that, Modjtabai was executive vice president and head of the Internet Services Group. There, she drew upon both her industrial engineering degree from Stanford University and her Master of Business Administration in finance earned at Columbia University. During her tenure, Watchfire GomezPro ranked Wells Fargo as the No. 1 leading Internet bank, and Global Finance hailed the company as the best consumer Internet bank in its sector. American (U.S.) Banker selected Modjtabai as one of the “Most Powerful Women in Banking” and one of the “Top 25 Women to Watch.”
the NAACP, Operation PUSH, the National Black MBA Association and Mocha Moms, Inc. to increase financial understanding of their members. A skilled communicator, Thornhill has also shared personal-finance, time- manage- ment and consumer tips with national news broadcasting outlets like, Bloomberg Urban Radio; her videos are available on
Youtube.com. Before joining Wells Fargo, she founded and operated a tax preparation business that had more than 100 clients a year. She was selected by The Network Journal magazine as one of the nation’s “25 Influential Black Wom- en” in 2011. She earned a Bachelor of Science degree in family financial management from Virginia Polytechnic Institute and State University, and master’s degrees in administration from Central Michigan University and in public administration from the Harvard Kennedy School, respectively.
Dail St. Claire
President Williams Capital Management
In 2002, St. Claire helped found Williams Capital’s mutual fund company, an SEC-registered investment adviser that has more than $2.5 billion under manage- ment including $1 billion for Goldman Sachs. Other clients are Fortune 500 companies, endowments, foundations, and state and local governments. The
Michelle A. Thornhill
Senior Vice President and African-American Segment Director Wells Fargo
The native Virginian combines a finance and public policy background with commitment to extending banking services comprehensively to current and potential African Ameri- can clients. During her more than 15-year banking career, Thornhill has worked with various organizations includ- ing 100 Black Men of America Inc., National Urban League,
50 WOMENOFCOLOR | SPRING 2011
parent company, Williams Capital, is an investment bank that provides institutional investors and government, corporate and municipal clients with services and products in equities, fixed income, corporate finance, investment management and private equity. St. Claire has been an investment executive for more than 20 years. Previously, she was a senior investment adviser in the New York City Comptroller’s Office, served a vice president at Amalgamated Bank, and was a principal and portfolio manager at another black-owned investment firm, Utendahl Capital Management. She earned a Master of Arts in public policy and business from the the University of Chicago Booth School of Business.
The future looks brighter and opportunities are far more plentiful for women of color interested in careers in the retail field of the IT industry.
www.womenofcolor.net
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