The Wolfsberg Group Secretariat is pleased to announce that the primary delegates of the Wolfsberg Group member banks have elected Jennifer Calvery, HSBC’s Group Head of Financial Crime Risk and Compliance, and Joe Salama, Deutsche Bank’s Global Head of Anti-Financial Crime and Group Anti-Money Laundering Officer, as the new Co-Chairs of the Group. Jennifer and Joe succeed William Langford, MUFG Bank’s Global Head of Financial Crimes Compliance and Chief Compliance Officer for the Americas, whose term concluded at the end of 2023, and Carolina Garces Monterrubio, whose term concluded when she left Santander at the end of 2023. The Wolfsberg Secretariat thanks William and Carolina for their leadership and energy on behalf of the Wolfsberg Group.

Jennifer is Group Head of Financial Crime Risk and Compliance. Before joining HSBC in 2016, Jennifer was the Director of the Financial Crimes Enforcement Network (FinCEN), the national financial crime regulatory agency housed within the US Department of the Treasury. Prior to FinCEN, Jennifer spent 15 years at the US Department of Justice.

Joe Salama is the Global Head of Anti Financial Crime and Group Anti-Money Laundering Officer. Joe joined Deutsche Bank in 2010 and has since held a number of roles including as General Counsel for Americas and Global Head of Litigation and Regulatory Enforcement.