DOUG ROGINSON
TITLE : EXECUTIVE DIRECTOR , SUPPLIER RELATIONSHIP MANAGEMENT
Doug Roginson , Executive Director and Relationship Manager at JPMorgan Chase , is the Grant Officer and head of racial equity for its Diverse Supplier Grant initiative .
The Firm issued a US $ 5mn grant to certified nonprofit Community Development Financial Institution ( CDFI ), called Local Initiatives Support Corporation ( LISC ), which will manage the grant initiative end-to-end . JPMorgan Chase has invited other corporations to voluntarily contribute funds that it will match . The firm ’ s nearterm aspiration is to grow this grant , increasing the available funds over the next several years .
Roginson says meeting industry requirements like cyber security and insurance can be a costly investment for small and diverse businesses , creating a very real barrier to contract opportunities with corporations : “ Our primary objective is to increase the number of qualified Black and Hispanic suppliers prepared to serve corporations across multiple industries by helping to eliminate common barriers .”
60 February 2022