The U.S. Securities Industry Association today awarded Lehman Brothers and Deutsche Bank with its fourth annual SIA Diversity Leadership Awards.

Nadja Fidelia, a managing director in the investment management division at Lehman, accepted the award on behalf of the firm. Accepting the award for Deutsche Bank was Seth Waugh, CEO of Deutsche Bank Americas.

The SIA’s Diversity Committee selected the winners after a review of diversity programs at its member-firms. The awards are part of a series of initiatives that the association has undertaken to help firms enhance their efforts to serve a diverse marketplace and promote inclusion in the workforce.

Deutsche Bank’s annual Women on Wall Street conference brings together senior women representing all the major international Wall Street firms and companies in related industries. First launched in 1995, the conference, which is free to all participants, provides a forum for networking, career development, and sharing business opportunities while promoting a community centered on professional Wall Street women.

Established in 2004, Lehman Brothers’ Partnership Solutions Group serves as a centralized contact and relationship management team for women- and minority-owned firms that are institutional clients.

“The markets we serve are less homogenous than ever; the talent pool we need to tap is more diverse than ever,” said James Gorman, SIA incoming chairman. “In order to stay on top, we need to make sure our industry looks like the world around us, which means getting our fair share of clients and employees who are diverse in terms of race ethnicity, nationality, gender and sexual orientation. Today we honor Lehman and Deutsche for their efforts in striving to meet these goals.”