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Transforming banking for the next generation

Women executives share their advice for up-and-coming leaders

March 31, 20234 min read

Rising to a leadership position as a woman in a male-dominated industry comes with unique challenges. We asked four BOK Financial® leaders to share their insights and advice. From cultivating a support network to taking risks before you're ready, these women offer practical tips for the next generation of leaders.

The gift of friends, mentors and role models

Early support from other women was instrumental to their success, the BOK Financial leaders said, especially when working in male-dominated industries.

"I started my career and pretty much grew up in a world of majority men, so I didn't have a lot of women role models," said Mindy Mahaney, chief risk officer. "I had a close friend when I worked in public accounting who believed that it was a hard place for women to work and be successful while also having a family. She always had great ideas about how things should be and how they would be if she were in charge—and she did it.

Mahaney has been inspired by her going out on her own, starting her own company and making it a 'family-friendly and -focused' environment. "She's been super successful along the way—I love how she had an idea, took a risk and made it happen."

"I feel incredibly fortunate to have many great women who have shared their journeys, insights and talents along the way—and that's what inspires me the most—how they give of themselves to lift up those around them," said Carrie Clasen Porter, chief operations and administrative officer for wealth management.

Carrie Clasen Porter profile photo

Chief Marketing Officer Sue Hermann's inspiration is closer to home. "My mom always used to say that what she wanted most for my two sisters and me was to be able to stand on our own two feet," she shared. "She had gone from being someone's daughter to being someone's wife and wanted to make sure we could take care of ourselves. That made a lasting impression on me."

Aerika Morris, client service director for the company's Institutional Wealth group, was also inspired early on by the matriarchs in her family. "My mother and grandmothers were amazing leaders, and I have learned so much from them and the women in my family, including the many ways that you can serve as a leader," she said.

Aerika Morris profile photo

Advice for the next generation of women leaders

As workplaces become more inclusive, more women will ascend to the top leadership positions in corporate America. The BOK Financial leaders offer advice for women rising the ranks behind them.

"Your career is made up of many different stages," reflected Mahaney. Give yourself grace and forgiveness for the areas of your life that suffer during those different phases. We can have it all, but we will not be our best selves in all the different areas of our lives."

"Invest in your circle," suggested Clasen Porter. "Build relationships with those around you who you trust, admire and who are willing to support your growth—and do the same to support their journey."

"Reach up for the next opportunity, don't wait for someone to ask you," encouraged Hermann. "Reach out to others to ask for help, advice and feedback. And reach back for those earlier in their journey and offer a helping hand, a word of advice or an opportunity."

Morris also suggested starting before you're ready. "Take risks and never be afraid of failure. Be confident. Be bold. Be excellent. Be self-aware. Be humble. Be yourself," she said. "Remember that you have been uniquely and wonderfully made to serve a specific purpose on this earth that no one other than you can fulfill. Be positive, show empathy and be kind to others. Be both graceful and thoughtful in your gestures to others. Always remember to thank those who helped you and be quick to resolve conflicts, as they are sure to arise."

Learn more:

Part 1: Gender diversity in banking: The women making a difference
Part 2: Diverse skillset important for leaders

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    BOK Financial Corporation is a more than $50 billion regional financial services company headquartered in Tulsa, Oklahoma with more than $105 billion in assets under management and administration. The company's stock is publicly traded on NASDAQ under the Global Select market listings (BOKF). BOK Financial Corporation's holdings include BOKF, NA; BOK Financial Securities, Inc., and BOK Financial Private Wealth, Inc. BOKF, NA's holdings include TransFund and Cavanal Hill Investment Management, Inc. BOKF, NA operates banking divisions across eight states as: Bank of Albuquerque; Bank of Oklahoma; Bank of Texas and BOK Financial (in Arizona, Arkansas, Colorado, Kansas and Missouri); as well as having limited purpose offices Nebraska, Wisconsin, Connecticut and Tennessee. The entities held by BOK Financial Corporation are periodically referred to collectively as BOK Financial Corporation Group. Through its subsidiaries, BOK Financial Corporation provides commercial and consumer banking, brokerage trading, investment, trust services, mortgage origination and servicing, and an electronic funds transfer network. For more information, visit www.bokf.com.

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