Corporate art collections have been around since the 1950s when David Rockefeller decided that Chase Manhattan Bank should begin to acquire art. Other banks followed his lead and proceeded to purchase art pieces and create collections of their own. Even today, the largest corporate art collection in the world belongs to a bank — Deutsche Bank that has accumulated over 70 000 pieces throughout the years.
The corporate art collections are made up of works purchased by organizations such as banks, companies, and governmental and semi-governmental bodies. The kind of art each organization collects depends on its identity, when it started buying work, and how it manages its collection. Most collections are compiled by curators with backgrounds in art history. https://www.virtosuart.com/blog/what-is-a-corporate-art-collection