Wilmington Trust Names Baldwin Moody to Risk Management Role

August 23, 2010 (PLANSPONSOR.com) – Wilmington Trust has hired Carol Baldwin Moody as senior vice president and chief risk officer to head a newly centralized Enterprise Risk Management Division.

A news release said Baldwin Moody, an attorney and 25-year financial services industry veteran, has extensive U.S. 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 reports to Donald E. Foley, Wilmington Trust’s chairman and CEO and works with the company’s general counsel, Michael A. DiGregorio, and the Board of Directors’ Risk Management Committee. The Risk Management Committee, which is chaired by lead director Louis J. Freeh, oversees her efforts and will conduct her performance reviews.

Baldwin Moody joined Wilmington Trust from Nationwide Insurance, where she was senior vice president and chief compliance officer. In that role, she led a centralized 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 organization’s mutual fund complex and investment advisers.

Baldwin Moody holds a bachelor’s degree in finance from the Wharton School of the University of Pennsylvania and a juris doctor (J.D.) degree from Columbia Law School.

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