Cambridge Trust supports the right to peaceful protest and the human rights of all individuals. As an institution, we are resolute in supporting efforts to eradicate the racism and inequities in our black communities. We are donating $100,000 to organizations committed to effecting change.
- Denis Sheahan, Chairman and CEO
Cambridge Trust is committed to diversity and inclusion. We strive to develop strong client relationships and community partnerships by attracting and retaining dedicated, talented employees from all backgrounds, each with unique ideas and experiences.
We believe our employees deserve a welcoming workplace that embraces all differences. This is key to our employees’ success and critical to achieving our vision of becoming the premier private bank and wealth management company in Greater Boston and Southern New Hampshire.
In 2017, a Diversity and Inclusion (D&I) Steering Committee was formed. Today, that committee is comprised of 20 members from all areas of the organization including three Senior Executives.
As a company, we are committed to:
- Educating our colleagues on the importance of diversity & inclusion, empowering them to become advocates for creating this culture
- Being a leader in promoting diversity & inclusion both within our company and in the communities where we live and work
- Embracing inclusiveness across all areas of our organization
Our Gender Diversity*
- 50% of our corporate board of directors are women (Cambridge Bancorp, parent company of Cambridge Trust)
- 46% of our advisory board are women
- 37% of our executive management team are women
- 42% of Vice Presidents and above are women
- 55% of our employees are women
Our Racial & Ethnic Diversity*
- 17% of our executive management team is ethnically diverse
- 13% of our Vice Presidents and above are ethnically diverse
- 21% of all employees are racially or ethnically diverse
Awards and Accolades
- More female Board members than any other company listed on Nasdaq**
- Among the Top 15 Greater Boston Companies with Most Diverse Corporate Boards
- Among the Top 100 Largest Corporate Charitable Contributors in Massachusetts***
- Ranked 4th by the Massachusetts Housing Partnership’s ONE Mortgage Program lender, providing financing to low and moderate income first-time homebuyers
*Information as of 12/31/2020
**Source: S&P Global Market Intelligence 12/10/2020
***Boston Business Journal’s Book of Lists