Barings makes key CHRO & Chief DE&I Officer appointments

Barings, one of the world’s leading investment management firms, has appointed Caroline Mandeville as its Chief Human Resources Officer, and Chasity Boyce as Chief Diversity, Equity and Inclusion Officer, today.

Both Mandeville and Boyce are members of the Barings Senior Leadership Team and will be based in Charlotte, USA. “I am pleased to officially name these highly qualified leaders to two very important positions at Barings,” stated Mike Freno, Chairman and CEO of Barings. “Caroline, as our new CHRO, is entrusted with driving our high performance, collaborative culture and ensuring full engagement of our teammates. Her deep and relevant experience in our industry made her the ideal choice for the role.”

“We created the Chief Diversity, Equity and Inclusion Officer role to further our progress towards being a firm that recruits, recognises and retains a diverse global team, and also behaves as an exemplary corporate citizen on all matters of racial equality and justice,” added Freno, who assumed the role of CEO and Chairman of Barings just earlier this month. “Chasity will bring a level of passion and professionalism to the role that I am confident will help Barings increase our positioning as an enlightened employer.”

CHRO ROLE

Mandeville, who will report to the CEO, has a distinguished record as a global HR leader in the financial services industry, having served with TIAA/Nuveen, The Hartford Financial Services, MassMutual Financial Group, Retail Brand Alliance, Hamilton Sundstrand Federal Credit Union and Eagle Group. She has deep expertise in talent management, succession planning, talent development and organisational effectiveness.

Prior to joining Barings, Mandeville served as Senior Vice President Human Resources, TIAA Client Services and Technology, leading human resources for 9,500 employees who delivered technology solutions and managed client needs for over five million active or retired participants. Prior to that role, she spent seven years at Nuveen, a subsidiary of TIAA, and TIAA in various senior roles. She also spent eight years at The Hartford Financial Services in organisational effectiveness, talent management and acquisition roles and four years at MassMutual Financial Group.

Mandeville received her BS in Human Resource Management and M.S. in Management with a concentration in Human Resources from Wilmington University in Delaware, and an MBA from Salve Regina University in Newport, RI. She is also member of the Board of Charlotte’s Hospitality House and i4cp, The Institute for Corporate Productivity, a leading research authority on next practices in human capital.

DE&I ROLE

Boyce, who will report to the new CHRO, is a legal scholar, with deep experience driving diversity strategies and fostering inclusion initiatives across a number of industries and organisations, including prior employers Heitman LLC, a real estate investment management firm, and global law firm Skadden, Arps, Slate, Meagher & Flom LLP. As Chief Diversity, Equity & Inclusion (DE&I) Officer, Boyce will ensure Barings grows and scales with a DE&I mindset. She will focus on global initiatives that will bring more diversity and a culture of inclusion to Barings, including developing and executing DE&I strategies, processes, and programmes that help attract and develop top talent resulting in a more diverse and inclusive workforce. 

Before Barings, Boyce served as Vice President, Head of Inclusion and Diversity, at Heitman, a real estate investment management firm. Prior to Heitman, she spent three years at global law firm Skadden, Arps, Slate, Meagher & Flom as Diversity and Inclusion Manager, developing programmes, trainings and initiatives to foster diversity and inclusion through attorney retention and development, recruitment, pipeline promotions and social responsibility. 

Boyce received her degree in Public Policy from Duke University and her JD qualification from Howard University School of Law. She is the Co-Founder and Founding Board Member of the Diverse Attorney Pipeline Programme (DAPP), helping address the continued and systematic decline of women of colour lawyers in law firms and coveted positions in the legal profession. Boyce serves on a number of Boards and community organizations, including the Women’s Bar Foundation and the Diversity & Inclusion Advisory Board to the Illinois Supreme Court Commission on Professionalism and is an Adjunct Professor at Loyola University Chicago’s School of Law. She is also a frequent presenter and panelist on DE&I topics.