Bringing you live news and features since 2006 

Wilmington Trust hires Carol Baldwin Moody to head enterprise risk management


Wilmington Trust has hired Carol Baldwin Moody as senior vice president and chief risk officer to head a newly centralised enterprise risk management division.

An attorney and 25-year financial services industry veteran, Baldwin Moody has extensive US and international experience in legal, compliance and risk management in the banking, insurance, pension, private equity and mutual fund sectors.

At Wilmington Trust, Baldwin Moody leads the direction and execution of all aspects of risk management, including credit, legal, compliance, fiduciary, financial, operational, reputational, strategic, technology, fraud, human resources and business-continuity risk.

She is responsible for ensuring consistency in, and adherence to, the company’s framework of risk management standards, policies, and procedures.

She reports directly to Donald E. Foley, Wilmington Trust’s chairman and chief executive. She also works closely with the company’s general counsel, Michael A. DiGregorio, and the board of directors’ risk management committee.

"Given the changing regulatory landscape and our plans to expand our corporate client and wealth advisory businesses internationally, centralizing our risk management activities became imperative," says Foley. "Carol’s broad-based background made her the ideal candidate to lead our risk management efforts, and we expect to benefit greatly from her expertise."

Baldwin Moody joined Wilmington Trust from Nationwide Insurance, where she was senior vice president and chief compliance officer. In that role, she led a centralised team of professionals who worked to ensure regulatory compliance and the alignment of all risk management activities throughout the company.

Prior to Nationwide, Baldwin Moody was chief compliance officer for TIAA-CREF, where the scope of her responsibilities included compliance management of the organisation’s mutual fund complex and investment advisers.

She also served as managing director and general counsel of TCW/Latin America Partners, a private equity firm. Before that, she worked for Citicorp, where she started as a senior attorney and rose to become head of compliance for the global relationship bank and the first African-American woman on Citicorp’s corporate leadership team.

She began her career as a corporate attorney at the law firm of Debevoise & Plimpton.

Latest News

HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by