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Home Business Appointments

Vistra eyes North American expansion with new Country Managing Director role

July 22, 2024
in Appointments, Business, Financial Services, Guernsey, Jersey
Vistra eyes North American expansion with new Country Managing Director role

Caroline Baker, Country Managing Director, North America

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Vistra has announced the appointment of Caroline Baker as Country Managing Director for North America.

This newly created role reinforces the strategic importance of the North American market to Vistra as it seeks to support its clients’ growth ambitions. As part of its strategy, the company will invest and grow its brand and scale in the US and Canada, two of the largest economies in the world.

Caroline (pictured) will drive an active growth strategy for the region, expanding Vistra’s Commercial team. The expansion of Vistra in North America is already underway with the recent appointments of Kristen Badgley to lead the US Corporate Solutions Commercial team and Chris Murphy in the US Fund Solutions team.

Caroline reports to Jonathan Ferrara, Regional Managing Director for the United Kingdom, Ireland, Channel Islands, India, Americas, and Middle East (UKICIIAME).

Caroline began her career at PricewaterhouseCoopers in Montreal, before moving to Sydney, London, and Singapore. She then became CFO at a large investment firm with USD$5bn of listed, private equity and real-estate investments across Asia. Caroline joined Vistra in Singapore in 2014 where she has held various leadership roles in Alternative Investments, Private Equity, and country management. She moved to Canada in 2018 to establish the Toronto office before returning to Singapore as Managing Director for Southeast Asia. In 2024, she relocated back to Montreal where she is based, and is now both the CMD for North America and Global Head of Operations for Funds.

Jonathan stated: “I’m thrilled to appoint Caroline in this new role for Vistra. We have an ambitious strategy, vision and goals, and her presence in this important market will be critical to achieving our objectives. Her global experience, most recently in Asia and North America, positions her perfectly to support our reimagined business. She is a strong leader for our colleagues and will play a huge part in making operating globally feel borderless and frictionless for our clients.”

Caroline Baker, Country Managing Director for North America at Vistra, commented:, “I’ve been with Vistra through multiple phases of its growth journey and this next step feels the most exciting. We aim to create, innovate, and do great things that accelerate global progress, and our market presence in North America will play a huge part in achieving this ambition. I’m delighted to take on this new role to help our clients grow with confidence, and to bring new opportunities for our colleagues.”

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Sue Fitzgerald

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