Two former BlackRock analysts have claimed they experienced sexual, religious and racial harassment while employed at the asset management giant’s New York office, according to an open letter to company CEO Larry Fink published yesterday.
Essma Bengabsia and Mugi Nguyai, who are of Arab and Kenyan descent, respectively, said that senior managers and other employees at the firm routinely made sexual and racist comments, in addition to mocking their religious beliefs. Both whistleblowers have given accounts of the alleged incidents to back up their allegations.
According to the letter, Bengabsia and Nguyai were “labelled as difficult, aggressive, or too outspoken to manage” when they lodged complaints over the alleged harassment with BlackRock’s human resources departments. Nguyai claims he was fired by the firm ahead of an agreed-upon resignation date “in retaliation” for reporting the incidents.
The letter also accuses BlackRock of syste…