ILF students visited Group Compliance - Global Financial Crime, AML/Sanctions Department of Commerzbank on 6 May 2019


Our students had the special opportunity to attend a very interesting visit of the Group Compliance - Global Financial Crime, AML/Sanctions Department of Commerzbank on the afternoon of 6 May 2019. During the visit, our students were first welcomed by Dr. Jan-Gerrit Iken, Global Head of Financial Crime, AML & Sanctions, Commerzbank AG which was then followed by a number of presentations given by the representatives working in the various units in the department and these include Global Standards & Steering Sanctions, Global Standards AML, Global Risk Models, Enhanced Due Diligence, Global AML Monitoring & Investigations and Global Financial Crime Unit.

As a result of all the various presentations, our students acquired valuable insights into the structure and operations as well as the variety and complexity of the work conducted within the compliance department of a major international bank.

This visit was organized with the support of our ILF alumna Class of 2003, Ms. Lora von Ploetz, Director / Head of Global Financial Crime Unit and Mr. Leif Linnemann, Head of Investigations & Analysis, Global Financial Crime Unit to whom we would like to express our thanks.

We are happy to note that two of our current students (Ms. Roshnee Mishra from India and Mr. Oscar Garcia Tipismana from Peru) have extended their internships with the Global Financial Crime Unit of the Group Compliance in Commerzbank after having completed their 2-month internship in April 2019 and one of our alumnus Class of 2017 (Mr. Giacomo Luca from Italy) is also currently working with them.