Dame Elizabeth Pauline Lucy Corley (born 19 October 1956) is a British businesswoman and writer. She is Chair of the Impact Investing Institute. She was CEO of
Allianz Global Investors, initially for Europe and then globally, from 2005 to 2016. She continued to act as an advisor to the company in various capacities until the end of 2019. She is also a Non-Executive Director at
BAE Systems
BAE Systems plc (BAE) is a British multinational arms, security, and aerospace company based in London, England. It is the largest defence contractor in Europe, and ranked the seventh-largest in the world based on applicable 2021 revenues. ...
plc,
Morgan Stanley Inc. and
Schroders plc.
Career
Corley started her career immediately after leaving school around 1975. She joined
Sun Alliance Life & Pensions where she spent ten years, eventually being appointed to deputy head of broker sales. In 1985, she joined
Coopers & Lybrand Management Consultants, where she was a consultant and then partner. In 1993, she joined
Mercury Asset Management, which later became
Merrill Lynch
Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment bank ...
Investment Managers, serving as managing director and head of distribution for Europe, the Middle East, Africa and Asia Pacific.
In 2005, she joined Allianz Global Investors Europe as CEO and was a member of the Executive Committee of Allianz Asset Management (the holding company of Allianz's asset management businesses) from October 2005 until 2016. She was Global Chief Executive Officer of Allianz Global Investors from January 2012 through to March 2016.
She continued to act as an advisor to the company in various capacities until the end of 2019.
In June 2014, she was asked to chair a panel of market practitioners to contribute to the Fair and Effective Markets Review, a joint review initiated by the Treasury, the Bank of England and the Financial Conduct Authority into the way wholesale FICC markets operate.
She has been a trustee of the British Museum since 2016 and chairs the Investment Committee. She is a member of the CFA Future of Finance Council Advisory Council, an Advisory Council member of the AQR Asset Management Institute and a member of the 300 Club. She is a Non-Executive Director/Board Member of FTSE and S&P100 companies. Between 2017-18, Corley chaired a UK Government-commissioned review and then taskforce to make recommendations on how to grow social impact investing in the UK.
In July 2021, it was announced that Corley was selected as the next chair of
Schroders, commencing the position in April 2022.
As part of the role, Corley will step down from the boards of Morgan Stanley and Pearson plc.