MetLife auditor named BFO Young Ambassador for 2021

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MetLife Australia’s Senior Internal Auditor, Aoife Donnelly, has been named one of The Banking and Finance Oath (BFO) Young Ambassadors for 2021.

Ms Donnelly was announced as a BFO Young Ambassador, along with ten others from across the financial services and banking industries at an event held last night at The Ethics Centre. The event was also attended by Philip Lowe, Governor of the Reserve Bank of Australia, John Laker AO, Chairman of the BFO and Simon Longstaff AO, Executive Director of The Ethics Centre.

The BFO Young Ambassador Program encourages and supports students and graduates to adopt a strong ethical foundation as they begin their careers in the banking and finance industry. Ms Donnelly is the only BFO Young Ambassador from a life insurance company.

Having graduated from a finance degree in Ireland as the world suffered the impact of the global financial crisis of 2008, Ms Donnelly says, “I saw first-hand how a community suffered financially through the ethical failings of the financial services system.” This experience guided her career and has inspired her to drive high ethical standards from herself and colleagues.

“As a BFO Young Ambassador, I hope to encourage others to restore trust and confidence in the industry. I also want to learn from other BFO Young Ambassadors by engaging in difficult and thought-provoking conversations to inspire continued change in a post-Hayne environment.”

Commenting on the BFO Young Ambassador Program, Head of The BFO, Cris Parker said: ”Recognising the power of the individual, MetLife has taken the lead within the insurance sector by raising awareness of The BFO and supporting Aoife as a Young Ambassador to demonstrate her commitment to ethics and in turn, strengthen the ethical foundation in their organisation.”

MetLife has a long-standing commitment to the BFO and runs an annual campaign to engage staff with the guiding principles of the BFO, achieving a 40% uptake of the Oath in 2020. MetLife has also led the life insurance industry by encouraging others to take the Oath and advocating for improved ethical standards.

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