Plenitude appoints former HSBC exec Barbara Patow as Senior Advisor

By Megha Bhattacharya

Financial Crime, Risk and Compliance solutions provider Plenitude announced the appointment of Barbara Patow as Senior Advisor. Barbara will play a key role in providing advice and assisting clients with enhancing their Financial Crime Compliance (“FCC”) control frameworks in order for them to more effectively manage financial crime risk. She will also help guide the business strategy and growth plans for Plenitude.

Barbra Patow said, “Combating Financial Crime is a priority in our society. Our clients’ transformation programmes are not just about the practical implications of implementing FCC frameworks but an organisation-wide effort to drive cultural change to enhance the understanding that everyone has a part to play in managing this risk. Plenitude’s work offers a compelling opportunity to make a real and important difference to our clients’ transformation.”

Barbara Patow has around 30 years of experience in financial crime risk and operational management. Prior to joining Plenitude, she held senior leadership roles at HSBC in the Financial Crime & Compliance Divisions, including Global Head of AML and Global Head of FCC for Global Banking and Markets. She was also the Head of Correspondent Banking and Chief Operating Officer for the Global Liquidity and Cash Management business developing and implementing FCC control frameworks.

Alan Paterson, Plenitude Managing Director, added, “We are delighted to welcome Barbara onboard as a Senior Advisor given her extensive FCC industry experience and expertise. Barbara will play a key role in terms of providing strategic advice and guidance on our business strategy and growth plans, alongside serving our clients with first rate advice. We are confident that both Plenitude and our clients will benefit from Barbara’s extensive experience and honored that we have been able to secure Barbara as part of the team during this important growth phase for Plenitude.”

Recently, Plenitude announced the launch of Plenitude RegSight, a cloud-based Financial Crime Compliance (FCC) obligations management solution. The new tool will provide a cloud-based technology platform to identify and manage FCC obligations, improve operational efficiency and drive more effective financial crime risk management.