Thasunda Duckett
Thasunda Brown Duckett | |
|---|---|
| Born | July 22, 1973 Rochester, New York, U.S. |
| Occupation | Business executive |
| Known for | President and CEO of TIAA; former CEO of Chase Consumer Banking |
Thasunda Brown Duckett (born July 22, 1973) is an accomplished American executive currently serving as the president and chief executive officer (CEO) of TIAA. Before joining TIAA, she held the position of CEO at Chase Consumer Banking, a key division within JPMorgan Chase. Additionally, Duckett is a board member at Nike and participates in the Executive Committee of The Business Council.
Early life and education
Originally from Rochester, New York, Duckett relocated to Texas where she completed her education at Sam Houston High School. She obtained a Bachelor's degree in Finance and Marketing from the University of Houston and later earned an MBA from Baylor University.
Career
Duckett's earlier professional experience includes serving as Director of Emerging Markets at Fannie Mae, where she developed initiatives aimed at expanding homeownership opportunities for Black and Hispanic communities.
In May 2021, she assumed the role of CEO at Teachers Insurance and Annuity Association of America (TIAA), marking her as the fourth Black woman to head a Fortune 500 company and one of only two Black female CEOs at that echelon.
Prior to her tenure at TIAA, Duckett led Chase Consumer Banking as CEO, managing assets exceeding $600 billion in deposits along with a workforce of 50,000 employees. Her leadership roles also encompassed heading Chase Auto Finance, a leading auto lending institution in the U.S., and directing 4,000 mortgage bankers while serving as National Retail Sales Executive for Chase Mortgage Banking.
In 2023, Forbes ranked her 34th among the "World's 100 most powerful women," while Fortune placed her at number 16 on its Most Powerful Women list. The following year, American Banker recognized her as one of The Most Powerful Women in Banking.
Board memberships
Beyond her involvement with Nike, Duckett contributes to several boards including Robert F. Kennedy Human Rights, Sesame Workshop, the National Medal of Honor Museum, the Economic Club of New York, and serves on the Board of Visitors for the University of Houston as well as the Dean’s Advisory Board for Baylor University's Hankamer School of Business. She holds membership in the Executive Leadership Council and is affiliated with both the Delta Sigma Theta sorority and Jack and Jill of America.
Personal life
Duckett is married and has four children. She established and currently chairs The Otis and Rosie Brown Foundation, created to honor her parents' legacy.