JPMORGAN CHASE & CO . beyond generating reports and remediation plans . It surrounds the supplier with a network of new relationships — both with other diverse business owners , and also with all of TruSight ’ s founding banks . Throughout the programme , cohort members are given the opportunity to present their capabilities to several financial institutions they can potentially work with .
Though JPMorgan Chase ’ s TruSight cybersecurity programme may expand in the future , Smith ' s division is currently set on
PETER VAN ALLSBURG
TITLE : HEAD OF DIVERSE SUPPLIER SOURCING
Peter Van Allsburg is the Head of Diverse Supplier Sourcing at JPMorgan Chase and works with sourcing specialists to align diverse suppliers against opportunities .
As part of its Racial Equity Commitment , the firm is committed to spending an extra US $ 750mn over 5 years with Black- and Hispanic-owned suppliers . Van Allsburg ’ s team works with Category Sourcing and business stakeholders to find opportunities and create go-to-market strategies .
“ We take a category-aligned strategy when matching prospective , diverse suppliers with opportunities ,” says Van Allsburg . “ In partnership with our Global Supplier Diversity team , we conduct significant supplier due diligence up-front to ensure that when
diverse firms are being positioned for opportunities , there is a strong chance of success . We position diverse firms with intent to partner with them . We have support from our senior stakeholders and are transparent about our successes as well as when we may need assistance .”
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