Emma Molvidson, the Global Head of Financial Crime Prevention for UBS, has been elected as the new Co-Chair of the Wolfsberg Group, effective from January 1, 2025.

Emma became the Global Head of Financial Crime Prevention at UBS in April 2023. She has held a variety of senior management roles at UBS over the past 14 years in Group Legal, the Investment Bank as well as leading Compliance & Investigations.

“Emma provides a unique perspective within Wolfsberg, given her legal and investment bank background. I am thrilled to partner with her as co-chair and benefit from her experience as we continue to drive forward the effectiveness agenda of our member banks,” says Jen Calvery, current co-chair of the Group and Global Head of Financial Crime Risk and Compliance at HSBC.

Prior to joining UBS, Emma was at Swiss Re and she also has a private practice background in corporate finance from Norton Rose in London and Paris.

Emma succeeds Joe Salama at Deutsche Bank. The Wolfsberg Group thanks Joe for his dedication and support over the years, both from his time as co-chair and also as a primary delegate to the Group. “Joe’s enthusiasm and optimism for reform has had an immeasurable, motivational impact on the Group’s membership, and he will be missed,” says Ned Conway, the Executive Secretary at Wolfsberg. “But in replacing Joe, Emma provides continuity as an inspiring voice on the management committee that can also draw on a deep experience in the role of general counsel.”