New ACAMS East Africa Chapter to Facilitate Cooperation in the Fight against Regional Crime | Jobs Recent


The accompanying chapter focuses on emerging money laundering risks related to cybercrime, climate change, cryptoassets, and more.

MIAMI, Dec. 16, 2022 (GLOBE NEWSWIRE) — ACAMS, the leading organization dedicated to combating money laundering around the world, is targeting illegal players in Africa with new operations in Kenya, Rwanda, Somalia, Tanzania, and Uganda. It was launched on December 7thACAMS East Africa Chapter provides a place for education and professional development of AFC and law enforcement officers and aims to facilitate cooperation between non-governmental organizations, regulatory agencies, law enforcement agencies, and other organizations fighting illegal money.

To mark the launch, the chapter held its first event with a keynote address by Joseph Jagada, Expert Expert of the Eastern and Southern African Anti-Money Laundering Group (ESAAMLG). The event included panel discussions on topics such as the potential impact of climate change on financial-crime risks, the consequences of the FTX collapse, the emergence of cybercrime as a crime of money laundering, and development leadership linked to Big Data. , virtual assets, and other technologies.

As 63rd chapter in the ACAMS global network and the second in the African continent, the East Africa Chapter welcomes experts from all over the AFC area, including banks, mobile payment providers, FinTech businesses, insurance companies, consultants, law firms, cryptoasset issuers, regulatory. agencies, law enforcement, and other organizations facing illegal financial risks.

“ACAMS Chapters are a simple reflection of the fact that financial institutions and governments are more effective in combating money laundering when they work together and communicate,” said ACAMS CEO Scott Liles. “Through the ACAMS East Africa Chapter, AFC staff now have a network of peers who can work together in identifying and disbursing money laundering, terrorist financing, sanctions evasion, and other illegal activities in the region.”

“Members of the Chapter can build on their knowledge of compliance to mitigate organizational risks, protect those who are vulnerable to criminal gangs, and ultimately save lives,” he said.

ACAMS East Africa Chapter is led by the following board members: Jennifer Gitiri, Deputy Director, Legal Services and Corporate Secretary of the Asset Recovery Agency in Kenya; Hilda Gituro, Head of Compliance & Anti-Money Laundering at Diamond Trust Bank Kenya Limited in Kenya; Ilago Mabelya, Head of Financial Crime Compliance for Standard Chartered Bank Tanzania in Tanzania; Agnes Magero, Head of Anti-Money Laundering at Safaricom PLC in Kenya; Brenda Magoba, Group Company Secretary & General Counsel at Centenary Group Limited in Uganda; Jovia Namuwaya, Senior Director of Financial Crime Compliance at Stanbic Bank Uganda in Uganda; Ubald Sesonga, Executive Head of Risk and Compliance Department at Bank of Africa Rwanda Plc in Rwanda; Yona Wanjala, Executive Director of the Defenders Protection Initiative in Uganda; and Ahmed Nuh Yusuf, Chief Compliance Officer at Salaam Bank in Somalia.

Learn more about the ACAMS East Africa Chapter here.

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About ACAMSĀ®

ACAMS is a leading international membership organization dedicated to providing anti-financial fraud (AFC) education opportunities, best practices, and peer networking to AFC professionals worldwide. With more than 100,000 members across 180 jurisdictions, ACAMS is committed to the mission of ending financial crimes by providing anti-money laundering/counterterrorism-financing and sanctions information sharing, thought leadership, risk mitigation services, ESG initiatives, and platforms for public-private dialogue. The organization’s CAMS certification is the gold-yellow qualification for AFC professionals, while CGSS certification is its primary qualification for professional disciplines. ACAMS’ 60 Chapters around the world further expand the association’s work through training and networking programs. Visit acams.org for more information.

CONTACT: Lashvinder Kaur ACAMS +44 7388 264478 lkaur@acams.org



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