Mr. Wael Saikaly
Head of AML/CFT
Wael Saikaly is presently the Head of AML/CFT at Creditbank SAL, one of the Alpha Lebanese banks. Wael enjoys over 18 years of banking experience focusing on the areas of Audit, AML, and Compliance.
Wael reorganized and restructured two AML/CFT departments in two different banks, and was successful in creating a more flexible and efficient AML/CFT system while working closely with the branches in order to protect the bank from being exploited for money laundering or terrorist financing activities.
In his present position, Wael is handling several responsibilities covering: (1) Researching and understanding changes in local and international AML/CFT regulations. (2) Developing Anti Money Laundering and Compliance guidance materials, (3) Supervising and updating the Risk Based Approach (RBA) Criteria to acknowledge local and international requirements, (4) Overseeing the good application of AML/CFT daily controls and procedures.
Wael enjoys a vast experience in banking operations due to his both Commercial and Internal Control background that broadened his exposure to day-to-day operations.
Wael is also responsible for developing and delivering training programs on AML/CFT topics and FATCA/CRS requirements. He has been a speaker with the ACAMS in two previous regional conferences held in Dubai that covered:
- Strengthening Collaboration between Compliance and Internal Audit in 2017 and
- The FinCEN CDD / FATF UBO Requirements in 2018.
Wael graduated from the Lebanese University in Beirut, holding a B.S. in Accounting and a B.S. in Marketing and Management.
Wael is a Certified Anti Money Laundry Specialist since 2014.
Wael earned the CFE (Certified Fraud Examiner) in 2020.