Movers | Insights | Hiring Trends

…to the 50th edition of House, which suggests that we have been producing these monthly updates for over 5 years now! 

Arion House is actually 5 years 4 months old, so we have missed a couple of months somewhere. An internal investigation is underway and we are seeking whistleblowers to inform on which months were missed out!

We are not into anniversaries, but thanks to everyone that has supported us in the last 5 years, it’s been a lot of fun and we hope we have been able to provide a little bit of insight to you every month.

The delays brought on by the summer lull, Brexit hesitation, Trade War schism and Hong Kong protests seem to be coming to an end and we have had several clients come to us this month sounding more upbeat about hiring across Asia Pacific.

The two big global moves this month include Noah Perlman leaving Morgan Stanley to join the Crypto exchange set up by the Winklevoss twins formerly of facebook fame. A fascinating move and maybe a sign of things to come in global finance...At the other end of the spectrum, Francois Jourdain, formerly Global Head of Compliance at Barclays has joined Deutsche Bank as their Head of Treasury Markets and Investment.

This month’s themes include the regulation of the crypto market and WhatsApp - the fightback.

The regulation of the crypto market...

I would be lying if I said I fully understood crypto or even had any idea how it worked, but what I do know is that crypto firms are hiring compliance officers. Noah Perlman joining Gemini from Morgan Stanley this month was a fascinating hire. We also saw Lim Mei, formerly a senior regulator at the Monetary Authority of Singapore join crypto exchange iSTOX

It follows similar moves in Asia last year that saw Angelina Kwan join Bitmex from the Hong Kong Exchange and Benedicte Nolens join Circle.

The Crypto market is looking to legitimise and they are willing to spend their riches on getting the best people. Will this be an outlet for the rapidly reducing investment banking compliance teams? We think so, in this increasingly digital and more geopolitically uncertain environment, digital assets will increase in relevance. A note of caution though in that both Kwan and Nolens left after a short period of time, suggesting that all was not well once they got to look under the bonnet. 

An interesting year ahead for crypto and one which we are sure will see more regulatory hiring.


WhatsApp - the most taboo subject for investment banking compliance officers. Billions have been spent on surveillance systems, analysing everything bankers say and do by phone, text and email. Chatrooms have been banned, social media sites and vigorous Chinese Walls put in place.

However, one bastion of free speech existed, the encrypted messenger service - WhatsApp. It’s common knowledge that most bankers now communicate solely by this method and it is the bain of compliance officers, as they cannot get access to this communication.

However, there is a light at the end of the tunnel as we have recently seen several high profile cases where the WhatsApp Army has been defeated.

Mike Walters, ironically the former head of group compliance at Barclays, has been a high profile victim this month. Three partners at the financial services division of KPMG in the UK were dismissed following an internal investigation into inappropriate use of WhatsApp. This followed on from a former VTB banker in London also been charged over deleting WhatsApp messages needed as part of an insider trading investigation this month.

Deutsche Bank last year banned all use of WhatsApp for work related communications following the suspension of a rates trader in 2017 after asking a trading counterpart to join a WhatsApp group.

As far as we know, there is still no legal way to monitor WhatsApp from an employee’s personal phone, but be very careful if you do use it for work-related activity as the compliance and surveillance officers are keeping a very close eye. 

Find the career you deserve!

Cybersecurity Partner
Global Consulting Firm
Hong Kong

PE Core Compliance Officer
Global Private Equity Firm
Hong Kong / Shanghai

PE Transaction / Portfolio Compliance Officer
Global Private Equity Firm
Hong Kong / Shanghai

Forensic Director / Partner
Global Forensic Accounting Firm
Hong Kong

Asian Investment Bank
Hong Kong

VP, FCC Manager
Australian Investment Bank
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AVP, FCC Executive
Australian Investment Bank
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VP, Compliance & FCC
Leading Middle Eastern Bank
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Global High-Frequency Trading Firm
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VP, Head of Monitoring & Testing
Swiss Private Bank
Hong Kong

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Americas Moves
Colin Burke joins Millennium Management as a Senior Counsel. He leaves AllianceBernstein after 21 years where he was the Global Head of Litigation, Regulatory Enforcement and Employment.

Lisette Lieberman has joined Sumitomo Mitsui Bank as its Chief Compliance Officer for the Americas. She left Societe Generale where she held the same role.

Michael Loughney has left Millenium Management where he was the Global Head of Equities Compliance to join Citadel as its Chief Compliance Officer for Global Equities. 

Timothy Bridgeford joins Walmart as a Senior Director of US Antitrust Compliance. He joins from JP Morgan.

Charlene Davis has left Sun Pharmaceutical Industries to join Aerie Pharmaceuticals as a Vice President and Chief Compliance Officer.

Peter Gyr has joined UBS Asset Management as a Managing Director and Chief Compliance Officer, Americas. He leaves JP Morgan where he was the Global General Counsel for Wealth Management.

Amy Rhodes has left TIAA to join RBC Capital Markets as the Head of Compliance Practices Group.

Corwin Wyatt has joined Jefferies as the Head of Fixed Income Compliance based in New York. He joins from Banca IMI where he was the Chief Compliance Officer.

Robert Cole has joined Citi Private Bank as a Managing Director and Chief Compliance Officer. He leaves JP Morgan where he spent 15+ years and was most recently the Chief Compliance Officer, Private Bank.


Noah Perlman joins Gemini as their Chief Compliance Officer. He leaves Morgan Stanley where he was the Global Head of Financial Crime.

Francois Jourdain joins Deutsche Bank as their Head of Treasury Markets & Investment. He joins from Barclays where he was Chair of the Bank of England Risk-Free Rate Benchmark Working Group and Chief Compliance Officer.

Peter Giger joins Zurich Insurance Group as their Group Chief Risk Officer. He joins from Swiss Financial Market Supervisory Authority.

Curtis Christensen joins Virtua Capital Management as its Chief Compliance Officer. He joins from Longboard Asset Management.

Richard Swales joins Paysafe Group as their Chief Risk Officer. He joins from PayPal where he spent 9 years leading their risk, compliance and governance functions.


JoJo Wong has joined DWS Group as their Chief Compliance Officer for Asia Pacific. She will be based in Hong Kong. 

Li Chian See has joined Invesco as the Regional Head of Compliance, APAC. She joins from The Blackstone Group where she managed the same role.

Dawne Siau has joined PIMCO as their Head of Investment Compliance, APAC & North Asia CCO. She joins from Deutsche Bank.

Jeanette Chan has joined Airwallex as its General Counsel & Chief Compliance Officer, based in Hong Kong. She leaves Paul Weiss LLP where she was a Managing Partner. 

Simon Young is the new International Group Chief Compliance Officer of Ping An Group's businesses outside of Mainland China.

Kitty Chan is the latest person to join the ever-increasing and impressive financial crime prevention advisory team at FTI Consulting. She joins from Bank of America Merrill Lynch and will be based in Hong Kong.

Former Senior Member of the Monetary Authority of Singapore, Lim Mei Shern has been hired as Head of Compliance at cryptocurrency exchange, iSTOX. She will be based in Singapore. 

iSTOX also hired Seok Hooi Png earlier in the year as its Chief Regulatory Officer, she will be based in Singapore.

Manoj Ranavaya has joined MUFG as a Director and APAC Head of Testing, Global Financial Crime Compliance Testing, Asia. He joins from Deutsche Bank.

Paul Pak has been appointed by PwC Singapore to lead their Asset & Wealth Management practice. He most recently led the firm’s risk, regulations & compliance team within its Asset & Wealth Management practice.

Candace Choi has left Nissan Motors to join Tesco Sourcing as a Legal & Compliance Manager.

Betty Yam has joined Biogen as the APAC Lead Privacy Officer. She joins from State Street where she was in a similar role.

MUFG continues the hiring spree with Candice Ho who is joining as a VP in RHQ Advisory & Oversight Compliance. She joins from DBS Bank.

Errol Bong has left Liquidnet to join Noble Group as the Head of Compliance where he will be covering compliance, financial crime and sanctions risks.

David Scott has left Dragon Fire & Safety to join Firexo as the APAC Head of Compliance, he will be based in Hong Kong.

Cathy Wong joins Lan Kwai Fong Group as its General Counsel. She joins from China Resources Capital Management. 

Denis Low has joined Prudential in Hong Kong as a Senior Director & Senior Regional Legal Counsel focussing on digital, data, innovation and insuretech. He left Veon Netherlands where he was a senior leader and GC in privacy, digital advisory and compliance.

Nelson Cheung has left DBS to join Oriente as a Compliance Director.

James L. joins Peak Re as a Compliance Director based in Hong Kong. He leaves Transre where he was a Regional Compliance Officer.

Emma Bousfield has left Citi to join BitMex as a Compliance Officer based in Hong Kong.

Li Ping Tan has left BP after 21 years to join SATS Ltd. as its Head of Ethics & Compliance. She will be based in Singapore.

Ruth Crossley has joined Amazon Web Services in Cloud Regulation, Compliance & Assurance. She leaves JP Morgan where she was the APAC Head of Operational Risk Management for Technology & Cyber Security. 


Rosita Vasilkeviciute has left Danske Bank after six years there, the last four as senior vice president and head of anti-money laundering.

Huan Ke joins RWC Partners as the Head of Legal & Compliance and will be based in London. He joins from Macquarie Asset Management.

Tim Hudson has joined Citi as its UK Chief Compliance Officer, based in London. He leaves UBS where he was the Global Head of Conduct Risk, Control Frameworks and Regulatory Compliance Development.

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