In the dynamic and ever-evolving world of finance, it's crucial to spotlight the contributions and journeys of women who are making significant impacts. One such inspiring figure is Eugenia Melamud, whose extensive experience and dedication to volunteerism and mentorship provide invaluable lessons for aspiring professionals. In a recent episode of "Girls in Finance," Eugenia shared her insights on her career, the importance of mentorship, and the value of volunteering, offering a wealth of knowledge for the next generation of women in finance.
Eugenia Malamud's career in finance and project management spans nearly 20 years, with a focus on consumer packaged goods and banking. Currently, she holds a key role at BMO Financial Group in FX commodity and valuations.
Leading the Chartered Institute of Management Accountants (CIMA) Canada
Beyond her professional achievements, Eugenia is deeply committed to her volunteer role as the chair of the CIMA Canada board of directors. CIMA, the Chartered Institute of Management Accountants, dates back to 1919 and serves nearly 600,000 members globally. As chair, Eugenia leads a member board, participates in official engagements, and develops long-term strategic partnerships. Her involvement with CIMA highlights her dedication to driving the future of accounting and finance, providing members with the tools to navigate a rapidly changing world.
The Value of Volunteering
Over the years, she has held various roles within the organization, including chair of the member and student services committee. Her volunteer work allows her to address strategic, tactical, and operational issues in a flexible manner, contrasting with the often rigid structures of professional roles. This flexibility and the opportunity to solve diverse challenges make volunteering a fulfilling complement to her professional career.
Insights on Mentorship
A recurring theme in Eugenia's discussion was the importance of mentorship in the financial industry. She emphasized that having a mentor—or multiple mentors—is crucial for personal and professional growth. Eugenia believes mentors can come from various areas of life, including friends, parents, coworkers, or managers, and should be individuals you trust and feel comfortable with.
She shared her experience with mentorship, highlighting the support she received from Keren Steven, a former chair of the CIMA Canada board. This relationship provided invaluable guidance and insights, underscoring the significance of having mentors who can offer advice and support based on their own experiences.
For young professionals seeking mentors, Eugenia advised not to be shy about reaching out to potential mentors, even if they seem intimidating. She recommended using LinkedIn to explore potential mentors' career paths and finding mutual connections for introductions. Being specific, polite, and prepared when reaching out is key to establishing and maintaining these valuable relationships. It is crucial that the mentee is diligent and motivated.
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