Financial services holding company, Wilmington Trust, has hired Carol Baldwin Moody as senior vice president and chief risk officer to head a newly centralized Enterprise Risk Management Division.

She reports directly to Chairman and CEO, Donald Foley. She also works closely with the company's general counsel, Michael DiGregorio, and the board of directors' risk management committee. That committee, chaired by lead director Louis Freeh, oversees her efforts and will conduct her performance reviews.

At Wilmington Trust, Moody leads the direction and execution of all aspects of risk management. She is responsible for ensuring consistency in, and adherence to, the company's framework of risk management standards, policies, and procedures.

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