Lata N. Reddy is senior vice president, Diversity, Inclusion & Impact at Prudential Financial and chair of The Prudential Foundation.
In these roles, Reddy harnesses the power of capital markets to drive financial and social mobility. By combining diversity strategies, impact investments, philanthropy, corporate contributions and employee engagement with Prudential’s full business capabilities, she helps position the company to promote inclusive economic opportunity and sustainable growth.
Under Reddy’s leadership, Prudential became one of the first institutional investors to grow and manage an impact investing portfolio with $1 billion in assets under management. Additionally, she oversees a yearly grant-making budget of $40 million through The Prudential Foundation, and a $20 million corporate contributions budget.
Reddy originally joined Prudential in 1997. Prior to joining Prudential, she was a civil rights attorney with the U.S. Department of Education. Her dedication to promoting equity has spanned her career in the nonprofit, public and private sectors.
In addition to serving as chair of The Prudential Foundation and of the Newark Alliance, Reddy currently serves on the boards of several local and national organizations including Alvin Ailey Dance Foundation and Living Cities. Additionally, she serves on the Advisory Board for the My Brother’s Keeper Alliance, a program of the Obama Foundation, and is a fellow of the Aspen Global Leaders Network. In response to the COVID-19 pandemic, Reddy was named to Mayor Ras Baraka’s Newark Reopening and Recovery Strikeforce in 2020, leading the Economic Recovery Committee.
Reddy holds a Bachelor of Arts degree in economics from the University of Michigan and a law degree from Emory University School of Law.