Redwood Group, the Channel Islands-headquartered compliance, governance and corporate services specialist, has bolstered its senior team with the appointment of Adie Hale as Associate Director.
A seasoned financial crime specialist, Mr Hale was previously Head of the Financial Intelligence Unit and he has also held other senior roles within the FIU, economic crime and law enforcement.
Redwood said he brings 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 to the team.
In his new role, Mr Hale will work directly with Redwood’s Managing Director, Tracy Bisson, to develop and implement the Guernsey compliance strategy.
“To bring an Associate Director of Adie’s calibre onboard is a fantastic result for Redwood,” said Ms Bisson.
“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.”
Mr Hale 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.
Mr Hale 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.”
Mr Hale has also represented the Bailiwick in international forums, including the Council of Europe’s permanent monitoring body Moneyval.
In addition to holding MLRO and MLCO named roles for various licensees, Mr Hale 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.