Compliance Officers on the Move: Oct. 21

The big compliance jobs gossip this week is the retirement of Citigroup’s chief compliance officer. We also have new appointments at the SEC, a bunch of investment firms, and food maker JBS. Lots going on for the week ending Oct. 21.

I gather these bits of gossip from LinkedIn, news alerts, and friends emailing me something to include. If you have a tip or want to brag about your new job, promotion, career milestone, or whatever—just email me at [email protected] or find me on LinkedIn.


Most interesting this week is news that Citigroup’s top compliance officer, John Davidson, is leaving the bank. Davidson has been chief compliance officer for three years, and been with the bank since 2008 in various risk management roles. Davidson apparently is retiring, and an internal memo from CEO Michael Corbat says Davidson will stay on the job until a replacement is named.

At the Securities and Exchange Commission, Melissa Hodgman has been named associate director of the Enforcement Division. Hodgman has been at the SEC since 2008, first joining as an enforcement attorney and most recently working as assistant director of the Market Abuse Unit since 2012. She replaces Stephen Cohen, who left the agency in June.

The IFRS Foundation has named Sue Lloyd as vice-chair of the International Accounting Standards Board. Lloyd has been an IASB board member since 2014, and held various staff positions at the IFRS Foundation since 2009.

JobsWells Fargo has named Doug Seefus to be director of wealth and investment management regulatory affairs. He previously worked at the bank for six years as a compliance manager, and has been a senior vice president at Wells Fargo or Wachovia (before Wells acquired it) since 2008. He is based in Charlotte, N.C.

The German IT services firm Haufe Gruppe has hired Chloe Saby as compliance specialist. She previously worked at BuyIn (which is actually a telecom firm, based in Paris) as a compliance manager since 2012.

JBS, a food manufacturer, has hired John Lombana as head of internal audit. Lombana comes to JBS from Verizon Communications, where he worked for five years as a senior financial planning executive.

In Tampa, Fla., mortgage banking firm Walter Investment Management has named Alfred Young new chief risk & compliance officer. WIM just sent its president and chief operating officer packing earlier this month; Young is one of several new hires the firm is making to restructure its operations. He comes to WIM from the Office of Comptroller of the Currency, where he worked as a director of risk analytics.

In Kansas City, investment advisory firm Dean Capital Management has named Jessica Skinner chief compliance officer and director of operations. She comes to the firm from Lockton Retirement Services, where she worked as chief compliance officer.

Allegra Jacoby has a new job at Lockheed Martin. Jacoby previously was an ethics & compliance analyst at the defense contractor since 2014, and has just begun work there as a contracts negotiator.

Triloma EIG, a group of investment funds that specialize in debt from energy businesses, has named Hope Newsome chief compliance officer. The funds previously had outsourced their compliance function, although Newsome was chief compliance officer at the related Triloma Securities since 2015 and new the EIG wing already.

Vendor News

No vendor news this week! We find that hard to believe, and expect more from the marketers and gossips of the GRC community. Step up, people.


Greg Pellicano is celebrating one year as head of internal audit, compliance, and privacy for the University of Pennsylvania and PennMedicine.

In New York, Hillary Rosenberg just hit one year as head of anti-bribery and corruption compliance for the Americas at Standard Chartered Bank.

And bringing us home this week is Greg Benson, who just hit the five-year mark as chief compliance officer for Congressional Bank in—wait for it—Washington, D.C.

As I mentioned above, if you have any career moves you want the world to know, feel free to email me at [email protected] or find me on LinkedIn. We post this roundup every Friday, and I’m always happy to give credit to the many hard-working people here in our corner of the business universe.

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