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Financial Services Executive Named to Juniata Board of Trustees

(Posted March 23, 2014)

Jayne Keirn Donahue, executive vice president and general auditor, South Street Corp.

HUNTINGDON, Pa. -- Jayne Keirn Donahue, executive vice president and general auditor for the Boston-based South Street Corporation, was named as a member of the Juniata College board of trustees, effective immediately. She will serve a three-year term from December 2013 through November 2016.

Donahue, a 1975 graduate of Juniata and a resident of Southborough, Mass., has been executive vice president and general auditor for State Street Corp., a financial services company specializing in investment assets, since 2009. She joined the company in 1996 at the vice presidential level as deputy general auditor. In 2003, she was promoted to executive vice president, and 2006 she became the bank's chief compliance officer.

She leads a team of about 200 audit professionals responsible for advancing the company's internal governance and control infrastructure. She is responsible for overseeing a comprehensive risk-based global audit program for State Street Corporation, which provides financial services to institutional investors including investment servicing, investment management and investment research and trading.

After working as an employee-relations intern for PPG Industries Inc. in 1975, Donahue started her business career in 1976 as an inspector for the U.S. Treasury Department in the Bureau of Alcohol, Tobacco and Firearms, where she was a tax and compliance auditor. She moved into banking in 1978, working as vice president and senior audit manager for the Bank of New England.

In 1991 she moved to the Bank of Boston as audit director for the bank's Internal Audit Division. She became senior vice president and head of internal auditing at Citizens Financial Group in 1994.

She earned a bachelor's degree in psychology and business in 1975 and earned certification as a Certified Bank Auditor in 1991. She also became a Certified Risk Professional in 1997. She also has been pro-active in gender equity issues. She is a member of State Street's Global Advisory Council for the Global Professional Women's Network and is a member of the company's Leading Women Initiative.

Donahue also has remained active as a volunteer in her community and in the business community. She serves on the board of trustees' executive committee of the National Braille Press, and for the last three years served as co-chair of the organization's fundraising galas. She also works with the United Way of Massachusetts Bay, focusing on the charity's Women's Initiative. She is on the advisory board for the master's degree program in business ethics and compliance for the New England College of Business and Finance. She also is a member of The Boston Club.

She also has spoken professionally at conferences and workshops. Donahue spoke at the Institute of Internal Auditors International Conference in 2012 and took part in the Egon Zehnder Governance and Enterprise Risk Management Executive Roundtable the same year. She also participated in Boston Business Journal's "Advancing Women Conference" in 2010 and has often spoken at the MIS Training Institute.

Contact John Wall at wallj@juniata.edu or (814) 641-3132 for more information.