Day 2 - 10,000 Black Interns
An error occurred trying to play the stream. Please reload the page and try again.Close
My name is Dawid Konotey-Ahulu; I am a mixed-race British Ghanaian, aged 57, the son of a Ghanaian doctor and an English nurse.
I qualified as a barrister in 1987 but switched careers to become an investment banker in the early 90s. I spent 16 years working at NatWest Capital Markets and Merrill Lynch, where I was responsible for the bank’s strategic solutions group in the UK and Scandinavia. In 2006, I left Merrill Lynch to co-found Redington, an investment consulting firm advising pension funds. Today, Redington is the 4th largest advisor to large defined benefit pension schemes in the United Kingdom. I remain a board director but have largely stepped away from the day-to-day running of the firm. In 2009, I also founded Mallowstreet, an online collaboration platform for the pensions industry. Mallowstreet runs conferences, summits and forums for pension fund trustees and asset managers with the aim of educating and informing the institutional pensions industry.
Both Mallowstreet and Redington now have their own chief executives and management teams. This has allowed me to focus on working with organisations that deliver social impact in areas that I care passionately about. Specifically, I am very involved with initiatives that improve the lives of Black people in the United Kingdom.
I am a Governor at the University of Hertfordshire which has a large ethnic minority student body. I also sit on the University’s Finance Committee. I am a patron of the EY Foundation which provides opportunities for young people who are bright and ambitious but who come from a disadvantaged background. I am a Trustee of the Chineke! Foundation which encourages and facilitates classical music amongst children and young people from the Black community. In 2015, I set up Spellbound, a training programme to teach young people, particularly from a Black background, the art of public speaking. I have since rolled it out amongst Black prisoners serving long sentences for serious crimes and I have spent a lot of time with prisoners at HMP Swaleside on the Isle of Sheppey, working to help them find their voice. I also sit on the Advisory Council of the Diversity Project, a platform to enable the asset management industry to give more opportunities to Black employees.
I am a member of the Court of the London School of Hygiene and Tropical Medicine, where I am currently engaged in helping to fundraise for the building and development of a new research facility. In 2018, I was named Black British Business Entrepreneur of the year. I am a Trustee of the Legacy of War Foundation, a charity set up to highlight and alleviate the plight of victims of conflict and war. I am also a Trustee on the Board of the Centre for Ageing Better where I also sit on the Finance Committee.
In August 2020, I co-founded 100 Black Interns, an initiative to find 100 asset management internships in Summer 2021 for Black undergraduates. This proved very successful (200 firms offered 250 internships) and in October 2020 we launched an expanded programme, 10000 Black Interns. This has already garnered 490 companies offering 1,000 internships.