Clarence Nunn joined Wells Fargo Wealth & Investment Management as head of diverse segments. Nunn will support Wells Fargo’s focus on expanding its commitment to diversity, equity and inclusion. Nunn will report to Barry Sommers, CEO of Wells Fargo Wealth & Investment Management, and Kleber Santos, head of diverse segments, representation and inclusion for Wells Fargo. As head of diverse segments, Nunn will lead Wells Fargo Wealth & Investment Management’s efforts to expand its diverse clients along with the services it provides to existing and new clients.
“This important position fills a key need in our ongoing comprehensive and organizational approach. It continues us on the path to deepen our commitment and connection to employees as well as client segments that are critical to expanding our market share,” Sommers said. “We are confident Clarence is the ideal leader for this very important role.”
Nunn joined Wells Fargo from JPMorgan Chase, where he led the Southeast as head of middle-market banking and specialized industries and the franchise finance business nationally within JPMorgan Chase’s commercial bank. Prior to JPMorgan Chase, Nunn spent 24 years at General Electric and, as a company officer, he held senior leadership roles as chief commercial officer of GE Commercial Distribution Finance and GE Capital Americas. He was also president and CEO of several business units, including GE Capital Fleet Services, rail services and franchise finance.
“I’m excited to join Wells Fargo and to lead our efforts in Wealth and Investment Management where our mission is to play an active role in helping diverse communities flourish,” Nunn said. “This begins with building a workforce that represents the clients and communities we serve, and working to close racial wealth gaps by providing investment guidance that creates a foundation from which to build generational wealth.”
