Sven Stumbauer joins Grant Thornton as head of anti-money laundering

19 August 2022 Consulting.us 2 min. read
Profile
More news on

Sven Stumbauer has joined Grant Thornton US as a managing director and leader of the anti-money laundering (AML) and sanctions practice within the integrity, investigations, and restructuring solutions group.

Based in Miami, Stumbauer will use his extensive expertise in cryptocurrency, AML, sanctions, and the Foreign Corrupt Practices Act to strengthen Grant Thornton’s financial crimes capabilities. He will also drive the AML practice’s growth in serving clients with interests in Latin America.

Stumbauer brings more than 20 years of experience focusing on financial crime, regulatory risk, and forensic investigations. He has led many complex regulatory investigations and remediation programs in financial crime, sanctions, and AML.

Stumbauer joins Grant Thornton from law firm Norton Rose Fulbright, where he spent the last three years as AML and sanctions consulting leader. Before that, he spent six years as a managing director at AlixPartners, where he built and led the consulting firm’s global AML and sanctions practice.

Sven Stumbauer joins Grant Thornton as head of anti-money laundering

Earlier in his career, Stumbauer spent eight years at KPMG US, where he was a director in the forensic advisory practice and worked on investigations throughout the US, Latin America, the Caribbean, Europe, and Asia.

He has an MBA from the Georgia Institute of Technology and a bachelor’s degree in international commerce from Georgia Southern University.

“As we grow the firm’s services to address anti-money laundering and sanctions, it’s important we bring in proven leaders with a track record of helping clients stay ahead of the increasing exposure to risk across the globe,” said David Hazels, national managing partner of advisory services at Grant Thornton. “Sven’s wealth of knowledge and extensive financial investigations experience make him the ideal leader to build on Grant Thornton’s already robust forensic risk solutions.”