compliance functions - FinTecBuzz https://fintecbuzz.com Fintech News Mon, 02 Sep 2024 05:08:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://fintecbuzz.com/wp-content/uploads/2019/04/cropped-Original-black-FinTech-512-32x32.png compliance functions - FinTecBuzz https://fintecbuzz.com 32 32 Altruist Taps Veteran Legal Strategist Piret Loone as General Counsel https://fintecbuzz.com/altruist-taps-veteran-legal-strategist-piret-loone-as-general-counsel/ Fri, 30 Aug 2024 14:30:51 +0000 https://fintecbuzz.com/?p=64225 Top Financial Services Attorney to Lead Legal and Compliance Functions

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Altruist, the modern custodian built exclusively for RIAs, is pleased to announce the appointment of Piret Loone as its new General Counsel. Loone will lead the company’s legal and compliance functions, bringing extensive expertise in financial services, regulatory law and fin-tech matters to Altruist.

Loone joins Altruist from Series A open banking company, Link Money, where she served as General Counsel and Chief Business Officer and built the legal and compliance functions from the ground up. Prior, Piret was a key legal leader at Robinhood, playing an integral role in the company’s successful public offering. Her impressive career also includes senior roles at a Fortune 500 asset management company as well as practice at several top international law firms.

“Piret’s deep expertise in financial services and her leadership in legal and compliance are invaluable, especially as Altruist grows and innovates,” said Jason Wenk, CEO of Altruist. “Her track record speaks for itself, and we are thrilled to have her on board to help us navigate the complex RIA regulatory landscape.”

Piret holds a J.D. from Harvard Law School, an M.A. in Political Science from Columbia University, and a B.A. in Economics and Political Science from Franklin & Marshall College.

“I am excited to join Altruist at such a pivotal time in the company’s journey,” said Loone. “I look forward to working with the team to advance its mission to make financial advice better, more affordable, and accessible for everyone while ensuring that we maintain the highest standards of legal and regulatory compliance.”

Loone’s appointment underscores Altruist’s commitment to building a robust legal and compliance framework as the company rapidly expands its offerings and client base.

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BankProv Appoints Two New Members to Executive Leadership Team https://fintecbuzz.com/bankprov-appoints-two-new-members-to-executive-leadership-team/ https://fintecbuzz.com/bankprov-appoints-two-new-members-to-executive-leadership-team/?noamp=mobile#respond Thu, 09 Mar 2023 18:00:45 +0000 https://fintecbuzz.com/?p=42820 BankProv, a future-ready commercial bank that offers technology-driven banking solutions to its clients, is pleased to announce that it has recently appointed Janine Jakubauskas to the role of Chief Risk Officer and David Gagnon to the role of Chief Credit Officer. Jakubauskas joined the Bank in April 2022 as Senior Vice President, Enterprise Risk Officer after holding key roles at the Federal Reserve Bank of New York, HSBC Bank, and most recently Signature Bank. In her new position as Chief Risk Officer, Jakubauskas will continue to...

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BankProv, a future-ready commercial bank that offers technology-driven banking solutions to its clients, is pleased to announce that it has recently appointed Janine Jakubauskas to the role of Chief Risk Officer and David Gagnon to the role of Chief Credit Officer.

Jakubauskas joined the Bank in April 2022 as Senior Vice President, Enterprise Risk Officer after holding key roles at the Federal Reserve Bank of New York, HSBC Bank, and most recently Signature Bank. In her new position as Chief Risk Officer, Jakubauskas will continue to oversee the Bank’s risk and compliance functions, but with an additional focus on business strategy and opportunities that will help contribute to the company’s long-term success.

“I’m excited about BankProv’s future and look forward to supporting the evolving needs of the organization and our partners in this additional capacity,” said Jakubauskas.

Gagnon joined the Bank in 2017 as the Senior Vice President, Senior Credit Officer after holding key roles at TD Bank and Citizens Bank. He is an industry veteran with extensive knowledge in the Commercial and Industrial (C&I) space with a track record of sound lending and underwriting practices. In his new role as Chief Credit Officer, Gagnon will support the Bank’s strategic initiatives.

“I’m thrilled to join BankProv’s Executive Leadership team,” said Gagnon. “The organization has a long history of supporting the business community and I look forward to maintaining that legacy of providing comprehensive solutions to the customers we serve.”

“As we look ahead, we’re excited to welcome Janine and Dave to the Executive Leadership Team,” said Carol Houle, Co-CEO and CFO of BankProv. “Both bring a strong strategic and analytical approach along with demonstrated industry expertise that will continue to support our growth objectives in a safe and sound manner.”

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