Wells Fargo's Wealth Unit Names Diversity Chief

Wells Fargo says Clarence Nunn is now head of Diverse Segments for Wells Fargo Wealth & Investment Management, which includes Wells Fargo Advisors. Nunn reports to Barry Sommers, head of the unit, and Kleber Santos, head of Diverse Segments, Representation and Inclusion for the bank.

In the role, Nunn will focus on growing the unit’s number of diverse clients and the services provided to existing and new investor clients. He most recently worked at JPMorgan, where he was head of Middle Market Banking and Specialized Industries, and the Franchise Finance business nationally within JPMorgan Chase’s Commercial Bank. 

“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,” said Sommers, in a statement. “We are confident Clarence is the ideal leader for this very important role.”