The Federal Reserve Bank of San Francisco is committed to ensuring the fair inclusion of certified diverse businesses owned by minorities, women, veterans, disabled persons, and lesbian, gay, bisexual, and/or transgender persons in the Bank’s procurement efforts. This commitment includes promoting access to business opportunities through our outreach efforts and providing training and orientation to familiarize suppliers with the Bank’s business needs and procurement procedures. Our Supplier Diversity Program is a collaborative effort involving the Bank, the communities we engage with, and a diverse supplier community, including small businesses.
We seek to enhance our partnerships with advocacy groups and chambers of commerce to identify suppliers whose expertise match our organization’s needs and encourage interested suppliers to visit our Supplier Information page to be considered for upcoming procurement opportunities. Our outreach efforts help us understand the business challenges faced by diverse suppliers and guide our technical assistance programs.
Lynn Reddrick is an Assistant Vice President at the Federal Reserve Bank of San Francisco who leads the Supplier Diversity Program and Business Partners team. This team is responsible for developing, implementing, and administering the Supplier Diversity Program and collaborating with all business areas to source diverse vendor pools for all competitive procurement events for each of its six locations in the Twelfth Federal Reserve District. Ms. Reddrick is an advocate for fair inclusion of diverse businesses in the procurement process, which in turn increases the Bank’s involvement in the economic development of these businesses and their communities. Ms. Reddrick also serves on the Board of Directors for the Women’s Business Enterprise Council – Pacific, Western Regional Minority Supplier Development Council, and the Financial Services Roundtable for Supplier Diversity.
Ms. Reddrick has nurtured the Supplier Diversity Program both internally and externally with diverse advocacy organizations for ten years. These efforts have significantly increased the Bank’s spend with diverse businesses, provided valuable technical assistance, and earned many awards from regional partners of the Women’s Business Enterprise National Council and National Minority Supplier Development Council. Ms. Reddrick was named one of DiversityPlus Magazine’s “Top 25 Women in Power Impacting Diversity” in 2016. She has also served as a Co-Chair of the Federal Reserve System’s Supplier Diversity Work Group since 2013.
Ms. Reddrick received her Bachelor of Science degree in business administration from the University of California at Berkeley and a Master of Business Administration degree in finance and marketing from Columbia University.