VFMC welcomes the appointment of new Chief Operating Officer, Lucy Carr, and Chief Finance and Risk Officer, Paul Shanley.
Ms Carr has been VFMC’s Chief Risk Officer since December 2019 and has more than 20 years’ experience in financial services across AXA, EY and Vanguard, where she led functions including human resources, enterprise risk management and fund financial services.
VFMC CEO Kate Galvin said she was delighted Ms Carr was stepping into the Chief Operating Officer role.
“Lucy is a highly regarded leader at VFMC. Her deep knowledge of our organisation, and her strong track record in operations, risk management and leadership, means she is perfectly positioned for this new opportunity,” Ms Galvin said
“Lucy’s appointment demonstrates the incredible depth of talent we have at VFMC and our commitment to supporting career pathways for our people across all levels.”
As Chief Operating Officer, Ms Carr will be responsible for leading VFMC’s data and analytics, digital and technology, investment operations, and projects and change portfolios.
“After an incredibly rewarding two and half years as Chief Risk Officer, I’m excited to embrace a new opportunity to lead and learn from VFMC’s diverse and high-performing operations team,” Ms Carr said.
“It’s a privilege to remain part of the VFMC team and continue to deliver against our strategic agenda, including the constantly-evolving investment operations and digital and technology portfolios,” she said.
Incoming Chief Risk and Finance Officer, Paul Shanley will be responsible for leading VFMC’s finance, risk, compliance and legal portfolios.
Mr Shanley joins VFMC from Australia’s leading impact investment funds manager, Impact Investment Group (IIG), where he was Chief Executive Officer. He also brings a further 20 years’ experience across finance, tax and operational roles with organisations including Australian Unity, JBWere and Aviva.
Ms Galvin said Mr Shanley’s breadth of experience across the services industries would bring a unique perspective to VFMC’s executive leadership team and support the organisation to deliver against its long-term goals.
“Paul appreciates the value of delivering strong financial returns alongside measurable environmental, social and governance benefits, which is closely aligned to our purpose and our role as a responsible steward of capital,” she said.