The Bank Policy Institute (BPI) has announced the appointment of Clara Kim as Senior Vice President, BSA/AML & Sanctions. In her new role, Kim will oversee BPI's efforts in sanctions enforcement and the prevention of illicit finance. She will also contribute to international regulatory engagement.
"Clara’s record of achievement at the Departments of the Treasury, State and Defense are the best possible preparation for her taking on AML, sanctions and related functions at BPI," said Greg Baer, BPI President and CEO. "Her talents will be invaluable to us and our members as we face an increasingly complex geopolitical landscape."
Kim previously served as a Senior Advisor in the Office of Global Affairs, Terrorist Financing and Financial Crimes at the U.S. Department of the Treasury. There, she developed strategies concerning U.S. national security and international finance, including sanctions enforcement and illicit finance mitigation. Her work addressed issues such as responses to the Russian invasion of Ukraine and financial security initiatives across Europe and Asia.
Additionally, Kim was appointed as the first-ever U.S. Financial Attaché to Switzerland, Italy, and Liechtenstein. In this capacity, she helped establish a multibillion-dollar trust fund aimed at protecting Afghanistan’s Central Bank reserves from illicit actors.
Before joining the Treasury Department, Kim held senior positions at both the U.S. Department of State and Department of Defense. She advised senior government officials on political and economic matters affecting U.S. national security.
Kim is an alumna of Georgetown University with a Master’s degree in International Security Studies and The College of William & Mary with a Bachelor’s degree in Political Science.
The Bank Policy Institute is a nonpartisan organization focused on public policy research and advocacy for universal banks, regional banks, and major foreign banks operating in the United States.