Carol has been recognised for her leadership via a range of honours including her 2019 appointment as an Officer of the Order of Australia, an Honorary Doctorate from Monash University, induction into the Australia Property Hall of Fame, and a Centenary Medal. Carol was also named one of Australia’s most influential women in the Australian Financial Review and Westpac’s Inaugural 100 Women of Influence Awards and inducted into the Victorian Women’s Honour Roll. In November 2020 Carol was recognised with the nation’s highest philanthropic honour, the ‘Leading Philanthropist’ Award by Philanthropy Australia.
Carol has chaired and participated in numerous listed and private company boards, and has also chaired major government boards and conducted significant inquiries on behalf of government. Carol’s current board roles include the Reserve Bank of Australia, EQT Holdings Limited and Qualitas Property Partners.
Throughout her career Carol has been a passionate advocate for women in leadership, particularly in business, politics and the media. As Chair of the Trawalla Foundation and the Women’s Leadership Institute Australia, she has catalysed a range of practical solutions, including the Pathways to Politics Program for Women, the Panel Pledge, and the Women for Media database. Carol is also the Founding Chair of Our Community, a member of the Harvard Kennedy School’s Women’s Leadership Board, and the Global Institute for Women’s Leadership Advisory Board, Kings College.
Together with her husband Alan and four children, Carol established the Trawalla Foundation. The Trawalla Foundation invests in social enterprises and opportunities that focus on arts, ideas, innovation and scholarship. Carol was recognised as the 2020 Leading Philanthropist, Australian philanthropy’s highest honour, by Philanthropy Australia.