Redwood Group has bolstered its senior team with the appointment of Adie Hale as Associate Director.
A seasoned financial crime specialist, Adie (pictured) brings extensive professional experience to Redwood, with in-depth knowledge and operational experience of the Bailiwick’s Anti-Money Laundering and Counter-Financing of Terrorism and Proliferation (AML/CFT/CFP) legal and regulatory framework. Adie was previously Head of the Financial Intelligence Unit (FIU) and he has also held other senior roles within the FIU, economic crime and law enforcement.
Adie has worked closely and collaboratively with the other Bailiwick AML/CFT/CFP authorities, regulated and non-regulated businesses, non-profit organisations, and other Government bodies and authorities at both a operational and policy level. Adie has also represented the Bailiwick in international forums, including the EGMONT Group of FIUs, CARIN Asset Recovery Network, Quad FIU Forum and the Council of Europe’s permanent monitoring body MONEYVAL.
In his new role, Adie will work directly with Redwood’s Managing Director, Tracy Bisson, to develop and implement the Guernsey compliance strategy. He will also be responsible for reviewing and updating the business’ foundation compliance policies, procedures and controls.
In addition to holding MLRO and MLCO named roles for various licensees, Adie will have direct line management responsibilities for the wider compliance team, overseeing a team of 14 compliance specialists, and assisting with internal and external training and development. Providing expert advice and guidance on wide-ranging compliance matters and assisting with internal reporting to Group boards, will also form a key part of Adie’s remit.
Redwood’s Managing Director of Compliance, Tracy Bisson, said: “To bring an Associate Director of Adie’s calibre onboard is a fantastic result for Redwood.
“Adie’s unrivalled knowledge and experience, particularly within the Bailiwick’s legal and regulatory framework, will be a huge asset as we continue to grow our compliance client base and meet demand for our exemplary bespoke service.”
Adie Hale, Redwood Associate Director, said: “Redwood has a growing reputation as a leading compliance specialist within the Channel Islands, so it’s an extremely exciting time to be joining the business.
“I’m looking forward to continuing to help protect Guernsey’s reputation as an international financial centre by applying my experience within law enforcement and financial crime to benefit Redwood’s clients while supporting the business’ wider compliance strategy and operations.”
