Stumbauer to Lead Anti-Money Laundering and Sanctions Practice at Grant Thornton

Stumbauer

Chicago-based IPA 100 firm Grant Thornton LLP (FY21 net revenue of $1.9 billion) has brought on Sven Stumbauer as a managing director to lead its anti-money laundering (AML) and sanctions practice within the integrity, investigations and restructuring solutions group.

Stumbauer has more than 20 years of experience focusing on financial crime, regulatory risk and forensic investigations, having led complex global projects and provided advisory services to clients in more than 60 countries around the world. He has also worked closely with regulatory bodies in the U.S., Europe, Latin America and Asia, and has led many of the largest global regulatory investigations and remediation programs in the area of financial crime, AML and sanctions. Prior to joining Grant Thornton, Stumbauer served in various leadership roles in several professional services firms, most recently having led the global AML and sanctions compliance practice at AlixPartners LLP.

“As we grow the firm’s services to address anti-money laundering and sanctions, it’s important we bring in proven leaders with a track record of helping clients stay ahead of the increasing exposure to risk across the globe,” says David Hazels, national MP of advisory services. “Sven’s wealth of knowledge and extensive financial investigations experience make him the ideal leader to build on Grant Thornton’s already robust forensic risk solutions.”

 

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