October’s AML Professional of the Month was awarded to Anandan Murugesan, CAMS. Murugesan was recognized for his expertise in the anti-money laundering (AML) field. Murugesan is a senior subject-matter expert in fighting financial crime and he has more than two decades of experience in regulatory compliance, financial crime compliance (FCC), prudential risk, banking regulations and supervisions in key financial centers based in Singapore (global role), Dubai (regional role covering MEPA [Middle East, Pakistan and Africa regions]) and India (country and South Asia).
Currently, he is part of an international financial institution responsible for ensuring effective implementation of FCC and regulatory compliance policies and procedures across regions and countries. The institution is specialized in AML risk assessment, AML strategy and prioritizations, money laundering reporting officer support, AML advisory functions, AML control management, integrity due diligence, cross-border intelligence sharing, investigation of complex cases, FCC research and training/coaching.
Previously, he was a policy manager and lead supervisor in a financial sector regulatory and supervisory agency specializing in AML and prudential regulation, financial stability, banking research and analytics, and drafting policy as per international standards.
Murugesan believes in the continuous upgradation of knowledge and sharing is an important and effective tool to manage financial crime risk. In line with his vision, he has continuously enhanced his knowledge through global certifications. He possesses 15-plus certifications in AML and compliance combined with global business strategic management and public policy programs, which have helped him to contribute effectively in public-private partnership agendas and link them all together to lead in effective firm-wide risk culture.
His recent focus areas are global cross-border information sharing, data analytics and model validations to manage financial crime risk, as well as qualitative suspicious activity reports to law enforcement agencies for effective investigations. He also coaches young risk and compliance professionals/students to pursue FCC careers including motivating them to take up various Association of Certified Anti-Money Laundering Specialists (ACAMS) certifications in the early stages of their careers (i.e., early/mid 20’s).
Do you have a mentor who has actively influenced your anti-money laundering (AML) career path in a positive way? Does someone in your network exemplify excellence in AML? Recognize their commitment: Nominate them for ACAMS AML Professional of the Month.