Senior Vice President and Chief Human Resources Officer
Fara Palumbo is senior vice president and chief human resources officer at Blue Cross Blue Shield of North Carolina, a leader in delivering innovative health care products, services and information to more than 3.8 million members. Her responsibility is to ensure that the company's more than 4,700 employees are equipped to support and achieve strategic and business goals.
Fara has led the transformation of the company's people and culture strategy, including restructuring the talent strategy, delivering a compelling and credible employment value proposition and leading cultural change. She is the primary driver behind the company's major life/work initiatives, including the design, development and implementation of a backup childcare center - the first backup center in North Carolina. During her tenure, BCBSNC has earned numerous awards as an employer of choice in North Carolina, including the Working Mother Top 100, AARP Best Employers, American Heart Association Fit Friendly and the Human Rights Campaign top employers.
She has been with BCBSNC for 18 years with steadily increasing responsibility for human resources services supporting business performance, including talent acquisition, organizational design and development, change management, learning and development, and total rewards.
Previously, Fara worked in human resources with Citibank in New York for 14 years in a variety of leadership positions in both the retail and investment banks, rising to the position of vice president of HR for the Global Securities Division.
Fara was the first executive sponsor for the BCBSNC Women's Employee Network and now serves as an Advisory Board member supporting the Healthcare Business Women's Association Triangle chapter. She also currently serves as board president of the Caring Community Foundation; a non-profit dedicated to helping cancer patients in financial need and is a board member for the Susan G. Komen Triangle to the Coast Affiliate.
She obtained her MS in organizational management from Pfeiffer University and a BA in psychology from Fordham University.