Carol McFate - Chief Investment Officer at Xerox
Ms. McFate is Chief Investment Officer of Xerox Corporation, responsible for the investment management of all retirement assets in North America. In 2011, Xerox was runner-up aiCIO’s 2011 Industry Innovation Award (corporate pension plan assets under $5 billion)
Before joining Xerox, Ms. McFate was the Executive Vice President and Global Treasurer of XL Global Services, Inc. Reporting to the CFO of XL Capital, she was responsible for building a global treasury platform to manage bank relations, cash/liquidity, collateral, funding, capital, foreign exchange, and financial analysis.
Prior to joining XL, Ms. McFate was with American International Group, Inc. (AIG) for nine years in a number of senior financial positions, including Vice President & Treasurer of AIG, Inc. As Treasurer of AIG, she was responsible for bank relations, rating agency relationships, cash/liquidity management, corporate funding, foreign exchange management, capital and financial analysis.
Ms. McFate received an MBA from the Harvard Business School and a BS in Economics magna cum laude from Juniata College (Huntingdon, PA). She was awarded the designation of Chartered Financial Analyst (CFA) in 1992.
Before AIG, she was a Senior Vice President with the Prudential Investment Corp. (Prudential Insurance Company). Prior to Prudential, she was Assistant Treasurer of Macmillan, Inc. and a lending officer with Citibank, N.A.