Lisa Kelaart-Courtney Email & Phone Number

Singapore

Manila, National Capital Region, Philippines

• Founded the Prevention & Compliance Division, leading change in organisational governance, integrity risk management, and internal controls in alignment with ADB’s new operational model and culture initiatives..
• Helmed 2-year development of ADB’s first-ever Integrity Risk Appetite Statement. Customised and integrated the Bank’s operational risk management Three Lines of Defence framework, following a gap analysis across.
• Spearheaded implementation of stringent risk controls, ensuring over billions in emergency COVID funds were used exclusively for designated purposes across multiple countries, reducing financial crime risks.
• Developed an Internal Sanctions Controls framework, integrating AML/CTF assessments and implementing FinTech and data analytics in alignment with international standards and ADB’s mandate.
• Engineered and deployed an internal controls framework with policies, procedures, systems, controls, and capacity building.
• Architected engagement models for corporate counterpart due diligence and external stakeholder interactions.

United Arab Emirates

• Co-developed and refined a market conduct compliance program, ensuring activities within the financial markets aligned with global standards. Established policies and procedures to monitor and enforce compliance across.
• Co-designed a risk-based supervisory framework benchmarked on international standards, enhancing compliance monitoring efficiency and ensuring adherence to market conduct measures.
• Implemented a proactive remediation process following enforcement actions by the Bank, ensuring penalized firms developed and executed plans with key milestones to prevent recurrence of compliance breaches.
• Drove ESG-related initiatives, securing internal approvals for a Financial Literacy project and led the Board-approved Financial Inclusion Code.
• Served as industry thought leader, representing the Bank at global market conduct industry plenary bodies, holding key committee roles and spearheading development of industry-leading charters and codes, including.

Singapore

• Strategic AFBC leader with global and regional oversight, spearheading policy development, risk assessment and collaboration with regulatory bodies to ensure compliance and mitigate internal and external risks. Secured.
• Co-designed and implemented globally consistent controls impacting key business activities, including professional conduct, client and third-party lifecycle management, joint ventures, hiring practices, gifts &.
• Closed out critical global external and internal audit findings, identified by an independent analytical consultant to identify potential bribery and corruption risks.
• Reduced 6-figure fines via transformation and change remediation relating to inducement, business, client, and third-party risk programs to significantly reduce regulatory enforcement action.

United Arab Emirates

• Developed and orchestrated the compliance strategy, ensuring operations adhered to legal and regulatory requirements across various jurisdictions. Held interim coverage for APAC and Central & South America and.
• Hired as first-ever Compliance Officer for critical regions, establishing an ethics and compliance program for high-risk countries where none previously existed.
• Positioned Compliance as a strategic business partner, shifting senior leaders’ perception from a liability to a business enabler. Drove cultural transformation and led multiple remediation projects that aligned.
• Played key role in conceptualising and establishing the MEA Business Risk & Controls Committee and the Government Deal Review Board. Formulated the global Board’s program on bribery and accountability risk.
• Implemented a Compliance Steward program and developed global compliance wordings and warranties standards for legal contracts.
• Embedded escalation criteria into the Compliance function for Code of Conduct matters guided by KYC, AML, terrorism financing, and sanctions compliance.

United Arab Emirates

Established a new governance, risk, and compliance practice, building team and developing suite of services and products for clients. Mitigated substantive regulatory actions from closure of entities, reducing to enforcement remediation and fines. Identified procurement fraud during risk assessment and implemented controls that reduced annual losses by.

Various Locations

Conducted jurisdictional evaluations to assess compliance with the international AML/CFT standards and engaging in or managing related pre- assessment research and post-mission work and reviews. Part of the mission team at plenaries and capacity development missions. Led the Master Implementation Program for Thailand’s 5-year AML and CFT national strategy.

Dubai UAE

Part of the regulatory development team of the regulatory regime for financial services and designated non-financial businesses and professions. Implemented the supervisory framework including numerous rulebooks and outreach programs for the greenfield regulator and regulated marketplace. Represented the Authority at international standard setters and.

Master Of Law, Commercial Law

Master Of Business Administration