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The Founding College of the University of Toronto
Carol Banducci

Carol Banducci

BCom 1982 UC - 2016 Award Recipient

Carol Banducci is executive vice-president and chief financial officer of IAMGOLD Corporation. She plays a key role in driving the corporate strategy and has expertise in corporate restructurings, mergers and acquisitions. She was chair of the board of directors of Niobec Inc., a former subsidiary of IAMGOLD, prior to orchestrating its sale in 2015. Prior to joining IAMGOLD in 2007, she held financial executive positions in the manufacturing and explosives industries.

Banducci has a BComm from the University of Toronto and completed the Directors Education Program at the Rotman School of Management. She is a board member of Thompson Creek Metals Company Inc. and Euro Ressources SA. She is a member of the working committee of the Canadian Board Diversity Council, and in 2015 was recognized by the Women’s Executive Network as one of Canada’s 100 Most Powerful Women. She co-chaired the 2015 Grad Ball for Pathways to Education, a non-profit organization that helps disadvantaged youth across Canada.  In 2016, she formed a partnership with the University of Toronto’s Department of Psychiatry to launch a fundraising initiative for the prevention and early detection of mental illness among adolescents and young adults, which raised $400,000 in its first year.