Elizabeth Hristoforidis is a partner in our Risk Advisory practice, Australia
Liz has extensive experience in risk management, culture, strategy, conduct, compliance, regulation and supervision. Committed to improving organisational and sectoral capability in a way that is aligned with good practice and stakeholder expectations, Liz delivers transformation programs that effect change sustainably, leveraging diversity of thought to inform decision-making.
Liz articulates a clear point of difference for our clients, bringing the unique perspective of 'inside the mindset of a regulator' from almost two decades of supervising institutions. This makes Liz a trusted adviser influencing Boards and senior executives in navigating the opportunities and challenges that arise from regulatory risk and engagement.
Before joining Ashurst Risk Advisory, Liz shaped major law reform and guidance, and assessed operational readiness and implementation, through a range of roles with the Australian Securities and Investments Commission (ASIC), particularly across banking, superannuation and wealth management sectors and including while on secondment with the Macquarie Group. In her final role at ASIC, she played a pivotal role as a Lead Supervisor in establishing ASIC's (then) enhanced supervisory approach, 'Close and Continuous Monitoring', where she had responsibility for driving uplift in breach reporting in the context of incident management, internal dispute resolution, and internal audit of two of Australia's Big Four banks, and another major institution.
Liz was also an Associate to the Honourable Justice Neville Owen at the HIH Royal Commission.
She has more than ten years of applied governance practice, and is currently a Director of Diversity Council Australia and Chair of their Finance, Audit and Risk Committee, as well as a Director of KU Children's Services and Chair of the KU Marcia Burgess Foundation Committee. She is a former Board Chair of Shopfront Arts Coop and Ensemble Offspring.
Liz holds a Master of Laws and Management, Bachelor of Laws and Bachelor of Commerce (Marketing) and is a Graduate of the Australian Institute of Company Directors.