Sloane Muldoon, senior vice-president of global HR services at Scotiabank, has been honored with the Employment Equity Champion award by the Government of Canada as part of the 2024 Employment Equity Achievement Awards (EEAA).
This accolade recognizes executives who have demonstrated a significant commitment to promoting employment equity and fostering diversity and inclusion within their organizations.
Jenny Poulos, chief human resource officer at Scotiabank, praised Muldoon’s dedication to these principles.
“Sloane has a long-standing record of championing employment equity at Scotiabank and embodies an ethos of diversity, equity and inclusion in her leadership,” she said. “Throughout her career, Sloane has been a true catalyst for change, recognizing the Bank’s greatest asset is our people, and being willing to open the door for others behind her to advance employment equity. On behalf of all Scotiabankers, I am proud to congratulate Sloane on this incredibly well-deserved achievement.”
Notable achievements
Muldoon’s achievements include her tenure as the executive sponsor and co-chair of The Scotiabank Women Initiative (SWI), which she led for three years.
Under her guidance, SWI exceeded its goal of deploying $3 billion in capital to support women, expanding to 20,000 participants. In her role as global Inclusion lead, Muldoon was instrumental in establishing an Indigenous Centre of Excellence to better support Indigenous employees.
Additionally, she chaired the Bank’s Employee Accessibility Executive Council, advancing initiatives to support employees with disabilities and improve the Bank’s accessibility operating model.
DEI sponsorship program
More recently, Muldoon spearheaded the expansion of Scotiabank’s Global Diversity Equity & Inclusion (DEI) Sponsorship Program. This program pairs mid-level employees from equity-deserving groups with senior employees who mentor and advocate for their professional advancement.
Between 2022 and 2023, four business and functional lines implemented cohorts, resulting in 85% of protégés graduating, with 99% remaining at the Bank as of April 2024. Of the graduates from the 2022 Global Wealth Management Pilot cohort, 42% received promotions by April 2024.