Barbra Patow, formerly of HSBC, has joined Plenitude, the financial crime, risk and compliance specialists, as senior advisor.
Patow will provide advice and assist clients with enhancing their financial crime compliance (FCC) control frameworks in order for them to more effectively manage financial crime risk.
In addition, Patow will help guide the business strategy and growth plans in her new role at Plenitude.
Patow has worked in the banking industry for 30 years and has gained extensive knowledge of financial crime risk and operational management.
Prior to joining Plenitude, Patow held senior leadership roles at HSBC in the financial crime and compliance divisions, which included global head of anti-money laundering and global head of FCC for global banking and markets.
She was also the head of correspondent banking and chief operating officer for the global liquidity and cash management business developing and implementing FCC control frameworks.
"Combating Financial Crime is a priority in our society. Our clients’ transformation programmes are not just about the practical implications of implementing FCC frameworks but an organisation-wide effort to drive cultural change to enhance the understanding that everyone has a part to play in managing this risk,” comments Patow.
She explains: “Plenitude’s work offers a compelling opportunity to make a real and important difference to our clients’ transformation.”
Alan Paterson, plenitude managing director, says: "We are delighted to welcome Barbara Patow on board as a Senior Advisor given her extensive FCC industry experience and expertise. Patow will play a key role in terms of providing strategic advice and guidance on our business strategy and growth plans, alongside serving our clients with first rate advice.”
“We are confident that both Plenitude and our clients will benefit from Patow’s extensive experience and honoured that we have been able to secure Patow as part of the team during this important growth phase for Plenitude,” adds Paterson.
Plenitude is expanding its technology offering and last month launched RegSight, a cloud-based platform to identify and manage FCC obligations, improve operational efficiency and ultimately drive more effective financial crime risk management.
