NEW YORK & HONG KONG--(BUSINESS WIRE)--Exiger, the global regulatory and financial crime, risk and compliance firm, announced today the appointment of Jake Scrivens as a Managing Director to lead the firm’s Hong Kong office.
A seasoned financial executive who has spent the last two decades working at the epicenter of financial reform, Mr. Scrivens is an expert in post-financial crisis bank restructuring, with a deep specialization in structured finance and emerging markets. Mr. Scrivens joins Exiger from Barclays, where he was most recently Head of Markets Structuring, APAC, at the firm’s Investment Bank. In that role, he was responsible for structuring activities across all asset classes for the markets business. While at Barclays, Mr. Scrivens also served as Head of Strategic Credit Portfolio Management Group at Barclays Capital, and as General Counsel in the legal and compliance division in both EMEA and APAC.
“Jake comes to Exiger from the trenches of financial reform, his keen understanding of the regulatory risks firms face when operating in emerging markets dovetails perfectly with Exiger’s capabilities in corporate governance and financial crime compliance. This experience, along with his proven record in the APAC market, make Jake the perfect choice to head our Hong Kong office,” said Michael Beber, President & CEO of Exiger.
Before working at Barclays, Mr. Scrivens held positions with Indosuez W.I. Carr: as Director, Equity Derivatives, where he managed the warrants programs in Hong Kong and Singapore, and as Legal Counsel, where he established the firm’s compliance department in Asia. Before that, Mr. Scrivens was an Associate with TransAsia Lawyers, one of the leading law firms licensed in the People’s Republic of China. He has also served as Editor for China Law and Practice, a leading publication for Legal and Risk Management professionals investing in China. Mr. Scrivens began his career as a Barrister under the tutelage of David Green QC, Director of the Serious Fraud Office in the United Kingdom. He holds an LLB with honors in Law from University College London.
“Exiger is quickly emerging as a premier regulatory, risk, and compliance firm, one that understands that financial institutions operating in today’s marketplace need more than advice; they need real-world solutions to complex challenges. I’m looking forward to helping to build this business and assist firms in the Asia Pacific region to meet their challenges head on,” said Mr. Scrivens.
More information on Exiger and its professionals is available at www.exiger.com
Exiger is a global regulatory and financial crime, risk and compliance firm. Exiger arms financial institutions and multinational corporations with the practical advice and solutions they need to prevent compliance breaches, respond to risk, remediate major issues and monitor ongoing business activities. Exiger was initially launched to lead the court-appointed monitorship of HSBC – the largest, most comprehensive monitorship to date. Exiger works with regulators in the US, UK and around the world to evaluate the effectiveness of HSBC’s money-laundering and sanctions compliance controls across its 6,300 offices in 75 countries around the world. In addition to its monitorship work, Exiger works with clients worldwide to assist them in effectively managing their critical compliance challenges while developing and implementing the policies, procedures and programs needed to identify and avoid them in the future. Exiger has offices in New York City, Maryland, London, Hong Kong and Toronto. For more information, please visit: www.exiger.com