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Rachel Tancred started their work experience in 1991 at JWT, where they worked as a Group Account Director. Rachel was promoted throughout their time there and eventually managed Unilever in Australia and New Zealand. Rachel led the team in launching Nature's Way vitamins into grocery stores. Rachel then moved on to Young & Rubicam in 2002, where they held the position of Group Account Director and managed a team of five. Rachel worked with clients such as Colgate-Palmolive, Jim Beam Brands, Kraft, Dairy Farmers, and H&R Block, and held a position on the National Management Committee. In 2006, Rachel started their own consulting company called Rachel Tancred Consulting, where they worked as a Consultant until 2017. Currently, they are working at Qnary as the Director of Account Solutions, a position they have held since 2018.

Rachel Tancred attended the University of Technology Sydney, where they studied Marketing. However, no specific start or end year for their education at this institution were provided.