Hugo Grimbel du Bois is an Amsterdam-based Principal at Oliver Wyman who is in our EMEA Finance & Risk and our Anti-Financial Crime Practices. He specializes in Compliance Risk Management, with a focus on Anti Financial Crime (AFC), of which he is practice lead in The Netherlands. Over the course of his career, he advised major financial institutions in Europe and the United States on designing and executing complex strategic and operating model initiatives, with a focus on regulatory transformation programs.
Due to legacy technology, many banks struggle to keep up with ever more sophisticated techniques used by criminal organizations. Partnering with clients in public and private sector to stay ahead in fighting financial crime is a challenging, yet fascinating area, that never stops evolving.
Typically Hugo offers AFC expertise to global financial institutions, ranging from AML Program support, KYC and Transaction Monitoring TOM redesign as well as support of financial institutions under regulatory monitoring or subject to enforcement actions. His work involves the analysis of frameworks against regulatory expectations and peer practices, and developing recommendations on how to best achieve strategic objectives, as well as reviewing and benchmarking efficacy and success rates.
Prior to joining Oliver Wyman, he worked at Rabobank Group, where he held senior positions in several AFC related departments with the common denominator to redesign, reorganize and/or develop new and innovative capabilities within the bank. Hugo began his career at a global consulting firm where he supported Global AML and Sanctions Remediations and frameworks, where he was based in Europe and in the United States (New York).
From fintechs, to banks, regulators, credit unions, broker, lenders, and cryptocurrency providers, it’s essential we all pull together as one team to tackle the biggest challenges that financial crime poses.
Hugo holds a Master of Science (Msc.) in Business Economics (Tilburg University), and a Master of Laws (LL.M.) in Financial Law (Erasmus University Rotterdam) and has completed a strategy program at INSEAD (France). He is fluent in Dutch and English.