True impact comes from working alongside our clients – supporting confident decisions, purposeful change, and lasting resilience.

Penny Shield

EY Regional Risk Consulting Leader, Oceania

Risk leader with a global beat. From boardrooms to bike paths. Cellist, cyclist, champion of the community through arts and sport.

Areas of focus

Penny Shield is the EY Regional Risk Consulting Leader in the Oceania region. With over 25 years of international experience across Australia, Ireland, and Russia, Penny brings deep experience in risk, governance, internal audit, and controls.

She has led internal audit transformations for multinational corporations, and has supported clients in both corporate and government sectors. Penny’s cross-sector experience spans transport, energy, infrastructure and retail.

Penny is a Fellow of the Institute of Chartered Accountants Australia and NZ, a Certified Internal Auditor, a Graduate of the Australian Institute of Company Directors and a Certified Six Sigma Green Belt. She holds a Bachelor of Commerce and a Bachelor of Arts (Music).

How Penny is building a better working world

Penny builds a better working world by helping organisations embed leading internal audit practices, and anticipate emerging risks.

She collaborates with clients to uplift governance frameworks, and provide technology-driven risk solutions that support transformation and resilience across diverse sectors.

Outside work, Penny actively contributes to the arts, sports, and health initiatives, supporting charitable campaigns, and serving in board roles that promote inclusion and wellbeing to the local communities.

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