By AML Intelligence Correspondent
UBS’s Global Head of Financial Crime Prevention Emma Molvidson has been elected new Co-Chair of The Wolfsberg Group.
Emma succeeds Deutsche Bank’s Joseph Salama who Wolfsberg Group thanked for his dedication and support over the years – both as co-chair and also as a primary delegate to the Group.
Emma became Global Head of Financial Crime Prevention at UBS in April 2023. She has held a variety of senior management roles at UBS over the past 14 years in Group Legal, the Investment Bank as well as leading Compliance & Investigations.
“Emma provides a unique perspective within Wolfsberg, given her legal and investment bank background. I am thrilled to partner with her as co-chair and benefit from her experience as we continue to drive forward the effectiveness agenda of our member banks,” says Jennifer Shasky Calvery, current co-chair of the Group and Global Head of Financial Crime Risk and Compliance at HSBC.
Prior to joining UBS, Emma was at Swiss Re and she also has a private practice background in corporate finance from Norton Rose in London and Paris.
Ned Conway, Wolfsberg’s executive secretarymeanwhile thanked Joe Salama. “Joe’s enthusiasm and optimism for reform has had an immeasurable, motivational impact on the Group’s membership, and he will be missed,” Ned said.
“But in replacing Joe, Emma provides continuity as an inspiring voice on the management committee that can also draw on a deep experience in the role of general counsel.”
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