Professional Services

IBM consultant wins race to lead EU money laundering watchdog

Promontory partner Nicolas Vasse will take charge of AMLA from September

The search has ended for an executive director to run the new Frankfurt based money-laundering agency
The search has ended for an executive director to run the new Frankfurt based money-laundering agency Photo: Nicolas Economou/Getty Images

An IBM consultant has been picked to head the EU’s new anti-money laundering watchdog.

Nicolas Vasse, a partner at IBM-owned consultancy Promontory, will become The Anti-Money Laundering Authority’s first executive director from September, according to a 4 July statement.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink