Fenergo, a leading provider of AI-powered solutions for Know Your Customer (KYC), Anti-money laundering (AML) transaction monitoring and Client Lifecycle Management (CLM), announced the appointment of financial crime veteran Michael Shepard to its Growth Advisory Board. Shepard will utilize his extensive expertise to support Fenergo’s continued U.S. expansion, enhance global AML and financial crime compliance strategies, and provide strategic guidance to support growth.
Michael Shepard brings nearly four decades of expertise in financial crime risk management, specializing in areas like anti-money laundering, sanctions, fraud and white-collar crime investigations. He has held key leadership roles across major U.S. organizations and spent the last 18 years as a principal at Deloitte, where he led the Global Financial Crime practice.
Before Deloitte, Shepard served as the Head of Financial Crime Compliance at Commerce Bank, N.A., (subsequently acquired by TD Bank), overseeing the transformation and daily operations of the AML, fraud and sanctions programs. He also practiced law specializing in white-collar defense, corporate investigations and financial crime compliance at Blank Rome LLP, and worked as a federal prosecutor at the U.S. Department of Justice.
KEY QUOTES:
“We are thrilled to welcome Michael Shepard to Fenergo’s Growth Advisory Board. With extensive experience in AML and financial crime, Michael brings a wealth of expertise that will be instrumental as we continue to expand in the U.S. market. His deep understanding of AML, sanctions and fraud, combined with his extensive connections and knowledge of global financial crime regulations, makes him the ideal advisor to help us navigate the complexities our clients face and adapt our solutions accordingly.”
-Marc Murphy, CEO of Fenergo
“I am excited to join Fenergo’s Advisory Board and be part of a company that is a leader in financial crime risk management. As regulatory landscapes evolve and financial crime becomes more sophisticated, the demand for innovative, robust solutions continues to grow. Fenergo is at the forefront of helping organizations navigate these challenges with its cutting-edge KYC, AML and CLM technology. I look forward to contributing my experience and insights to support the company’s U.S. expansion goals and further enhance its global presence, helping clients stay compliant and resilient in an increasingly complex environment.”
-Michael Shepard
