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KordaMentha expands financial crime division

Appointments

Two specialists have joined KordaMentha following the merger with Murray Waldren to help meet the demand for financial crime services.

By Keonia Swift 12 minute read

KordaMentha has expanded its financial crime team in Sydney with the appointment of two new members in the wake of its recent merger with financial crime advising organisation Murray Waldren Consulting. 

Anti-money laundering (AML) specialist Richard Storey has joined as a partner and financial crime expert Grace Mason has joined as executive director.

KordaMentha financial crime partner Alice Saveneh-Murray said the appointments would expand its team at just the right time.

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“Demand for anti-money laundering advisory services is undoubtedly growing as enforcement action and regulatory intervention for breaches of financial crime legislation have increased the need for clients to proactively manage their regulatory risk,” she said. 

She said Mr Storey’s appointment “strengthened the firm’s position as leader” in financial crime advisory. 

“Richard is a wonderful addition to our team and will become a real asset to our clients and their financial crime needs.”

Mr Storey has more than 30 years of financial services experience, including as an associate partner at EY, director of AML compliance, head of know your customer (KYC), and global consulting experience with multiple companies.

Mr Storey worked as an AML regulator in Australia, Singapore, and Hong Kong. During his time, he created industry-wide advances in financial crime prevention at major banks and investment managers such as CBA, Westpac, NAB, and ANZ.

He has a bachelor of arts in marketing communication from Macquarie University and is a certified anti-money laundering specialist by the Association of Certified Anti-Money Laundering Specialists.

KordaMentha partner Rachel Waldren said Ms Mason’s industry experience would provide great benefit for the firm's clients.

“Grace’s deep experience advising to lead organisations on adhering to AML and CTF regulations while delivering client-centric strategies around new and emerging technologies is invaluable,” 

“We’re excited that she’s chosen to join us at KordaMentha to help us grow our offer in this very dynamic market.”

Ms Mason joins KordaMentha after working at AUSTRAC for over 15 years, including working across operations, governance, and industry throughout ASEAN in Europe and South Africa.

With over a decade of regulatory and financial experience, Ms Mason brings a diverse background to the firm. She studied public sector management and public administration at Flinders University.

Ms. Mason also has a bachelor of arts from the University of KwaZulu-Natal, a diploma in education from the University of NSW and is a graduate of the Australian Institute of Company Directors.

KordaMentha was established in 2002 and has grown into a team of more than 400 specialists across Asia and the Pacific.

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Keonia Swift

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