The PennZone

NEW YORK - PennZone -- K2 Integrity, the leading risk and financial crimes advisory firm, today announced that it has appointed Markus Schulz as Chief Technology Officer (CTO), bringing over three decades of global financial crimes compliance (FCC) experience to clients.

In the role of CTO, Mr. Schulz will lead the development of the firm's technology solutions for traditional and emerging financial services clients in the fight against financial and economic crime.

Throughout the past two decades, Mr. Schulz has held various senior global roles at leading financial institutions, including most recently as Group MLRO and Global Head of FCC at ING in Amsterdam. Previously, he worked as Global Head of FCC Controls at Standard Chartered Bank in London and served as the Chief Compliance Officer (CCO) for GE Capital and Zurich Financial Services.

A trained banker by profession, Mr. Schulz has successfully remediated five global regulatory orders and monitorships, establishing industry-leading control frameworks that are both effective and efficient.

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"Markus is a gifted problem-solver," said Jeremy Kroll, CEO of K2 Integrity. "During this era of digital transformation in the financial services sector, his unique mix of operational, technical, and regulatory compliance expertise will be hugely valuable for K2 Integrity's clients. From Wolfsberg Banks and leading FinTechs to prominent central banks, K2 Integrity's mission is to enable clients to thrive through improved tools to combat fraud, AML/CFT, and sanctions risk. Consistent with our existing leadership team, Markus has earned the trust of both the financial services sector and supervisory authorities across the globe, and we are thrilled to have him aboard."

"Markus brings unparalleled experience and insights in financial crime compliance and technology-driven solutions that are critical to our mission," said Chip Poncy, Global Head of Financial Integrity at K2 Integrity. "His leadership and innovative approach will enhance our ability to develop effective tools and frameworks for protecting the global financial system, including by fully leveraging and protecting client and market data for more effective and efficient risk management outcomes. I am excited to welcome Markus to the team."

"I am honored to join the incredible and dynamic team of industry leaders at K2 Integrity and look forward to working with my colleagues to lead efforts in battling financial crime through advanced technology solutions," said Mr. Schulz.

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Mr. Schulz is an active collaborator with influential organizations such as the Wolfsberg Group, Global Coalition to Fight Financial Crime (GCFFC), Egmont Group, Basel Institute on Governance, FATF, and the European Commission. Through his leadership, he has driven impactful industry-wide initiatives addressing trade and economic sanctions, AML, FATCA, and business ethics. He is also the Co-Chair of the GCFFC Technology ThinkTank and former Chair of the ACAMS® Advisory Board.

About K2 Integrity

K2 Integrity is the leading risk and financial crimes advisory firm helping clients understand and manage their risk so they can lead with confidence. With some of the most knowledgeable practitioners in the industry, K2 Integrity brings together deep subject-matter expertise with proprietary technology and digital offerings to help clients creatively solve today's issues while also planning for the future. Headquartered in New York, the firm's more than 300 employees serve the globe from offices in Washington, D.C., London, Geneva, Los Angeles, Chicago, Miami, Abu Dhabi, Doha and Riyadh. K2 Integrity has deep knowledge and experience working in every region and across numerous jurisdictions around the world.

To learn more about how K2 Integrity is revolutionizing the management of risk, visit http://www.k2integrity.com, or follow us on Twitter or LinkedIn.