Monica Caldas, executive vice president and chief information officer of Liberty Mutual Insurance, is the winner of the MIT Sloan CIO Leadership Award.
Caldas was announced as the recipient of the award, which honors chief information officers who lead their organizations to deliver exemplary levels of business value through the innovative use of IT, at the 22nd annual MIT Sloan CIO Symposium.
“This year’s finalists are redefining what it means to lead in IT,” said Dr. George Westerman, Award Co-Chair. “Their vision, innovation, and impact are setting new standards – and lighting the way for fellow CIOs to follow and build upon.”
Caldas leads Liberty Mutual’s global technology organization, overseeing information technology and data engineering across the company. She joined the company in 2018 as global chief information officer of Liberty’s global retail markets business, where she led its transformation into a “strong and aligned global organization,” according to a news release from MIT Sloan.
Outside of work, Caldas is an advocate for diversity networks for women in science, technology, engineering and mathematics. Within Liberty Mutual’s Women in Technology group, she sponsors the Liberty Encouraging Girls in Technology team. She is also active in Hispanic affinity networks.
Caldas has received many industry honors. In 2022 she was named a Women in Insurance Leadership Honoree by Digital Insurance, and she was one of Hispanic Information Technology Executive Council’s 100 most influential Hispanic leaders in technology.
She holds a bachelor’s degree in Business and Management Information Systems from the University of Connecticut and an MBA from Pennsylvania State University.
“I’m deeply honored to receive the MIT Sloan CIO Leadership Award and to stand alongside such an incredible community of technology leaders who are shaping the future of our industry,” Caldas said. “This recognition is not mine alone – it belongs to the remarkable team of technologists, colleagues, and strategic partners I have the privilege to lead and learn from every day. Together, we’ve built an ecosystem of innovation, resilience, and shared purpose – leveraging this inflection point in technology to reimagine what’s possible. At Liberty Mutual, we believe technology is more than a capability – it’s a force multiplier to serve our customers in bold new ways. This moment isn’t just about what we’ve achieved; it’s about the future we’re building – together.”
Westerman presented the award at the MIT Sloan CIO Symposium Leadership Award Dinner on May 20.
The other award finalists were Dimitris Bountolos, chief information and innovation officer at Ferrovial, and Bill Pappas, head of global technology and operations at MetLife.
