FinCEN Director Blanco Exits Post For Citi

Financial Crimes Enforcement Network (FinCEN) Director Kenneth A. Blanco announced he will be leaving the agency next week. He will be working at Citi as chief compliance officer of its newly created financial crimes unit, Bloomberg reported.

“Serving as FinCEN’s eighth director has been a wonderful and rewarding experience for me,” Blanco said in a Friday (April 2) press release.

Blanco said is leaving FinCEN on April 9, after serving as the organization’s director since December 2017. Michael Mosier, former deputy director and current counselor to the Deputy Secretary of the Treasury, will serve as acting director effective April 11. AnnaLou Tirol, former associate director of FinCEN’s Strategic Operations Division, has been named FinCEN’s new deputy director.

Blanco said he is confident that Mosier and Tirol will take the bureau forward “and continue the progress of ensuring our national security and protecting people from harm.”

Mosier previously was FinCEN’s deputy director and first digital innovation officer. He also previously worked for  cryptocurrency analytics, compliance and investigations firm Chainalysis, where he was chief technical counsel, according to FinCEN. 

Prior to FinCEN and Chainalysis, Mosier was an associate director at Treasury’s Office of Foreign Assets Control. He also served as a deputy chief in the Department of Justice’s Money Laundering & Asset Recovery Section. 

In her new post as deputy director, Tirol will help oversee FinCEN’s drive to enhance national security. She joined FinCEN in 2019 after serving as associate director of the Strategic Operations Division, where she worked “extensively to promote FinCEN’s strategic partnerships with government and private industry stakeholders, both domestically and internationally.”