Influential Women in Hamilton: Mary De Silva
Mentoring future leaders is essential in developing the next generation of risk professionals, says Artex Capital Solutions’s SVP.
Mary De Silva, SVP, head of risk & compliance at Artex Capital Solutions, is a seasoned financial services professional with over 30 years of experience in operations, compliance and risk management. She has held key leadership roles, such as global head of quality assurance and training, global head of screening, regional head of Latin America and Mexico risk operations, and acting chief operating officer in Bermuda.
Give us a snapshot of your career to date.
I've been in the financial services industry for over 30 years, where I've focused on leading operations, compliance and risk management. I have gained domain expertise in financial crime risk. Throughout my career, I've taken on various leadership roles that have allowed me to demonstrate my skills in communication, negotiation, and service delivery, all while maintaining a strong focus on compliance and risk management.
“By adding our unique strengths and perspectives to the mix, women can drive meaningful change and innovation.”
I truly enjoy helping my teams grow and thrive, creating an environment where collaboration and innovation can flourish. My goal has always been to deliver genuine value and excellence to our customers and stakeholders.
I have recently returned to Bermuda after working overseas in Mexico, Brazil, India and the UK.
What attracted you to re/insurance?
After spending many years immersed in the financial industry, where I gained a wealth of experience and knowledge, I found myself ready for a change. Transitioning into something new was not just about a job for me; it was about personal growth and discovering new passions.
Is there someone - or some people - who inspired you or acted as a mentor in your career?
There have been many throughout my career: as I transitioned into different roles and markets, I was consistently supported by senior management and mentors.
If I were to name someone who totally pushed me out of my comfort zone, it would be Wendy McLeod, who encouraged me to experience working internationally.
What are your ambitions?
Shaping organisational risk culture, thought leadership and innovation are crucial to me. By incorporating innovative practices and embracing new technologies, we can enhance strategies to better navigate the complexities of the modern landscape.
Additionally, mentoring future leaders is essential in developing the next generation of risk professionals. By guiding and nurturing emerging talent, experienced leaders can share valuable insights and foster the skills necessary to tackle evolving challenges.
What challenges have you encountered in your career, and how did you overcome them?
Throughout my career, I've faced challenges in navigating workplace culture and dynamics. To overcome these obstacles, I focused on understanding the underlying structures and building networks with colleagues. By fostering open communication and collaboration, I created a more positive and cohesive environment, turning potential conflicts into opportunities for teamwork and growth.
What do you feel is your greatest accomplishment so far?
I would say my greatest accomplishment is successfully entering international markets and contributing to our global strategy. It's rewarding to walk into a building, connect with my colleagues, and see the positive impact I've made.
Would you encourage other women to consider this sector?
Yes, there are significant opportunities for women in this sector to achieve career growth. By adding our unique strengths and perspectives to the mix, women can drive meaningful change and innovation.
Why is this industry great to work in?
This is a complex and remarkable industry. Bermuda specifically serves as a leading global insurance hub internationally, with a favourable regulatory climate and the ability to connect directly with regulators. The exposure to specialised areas of the market is endless, offering vast opportunities.
Why is Bermuda a great place to be?
Bermuda is a great place to be because it offers a unique blend of professional opportunities and a sophisticated island lifestyle, allowing you to enjoy the sand beneath your feet. Additionally, its collaborative business culture fosters connections both personally and professionally within its small community.
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