Key facts
- Andrea Gacki, director of the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN), is leaving her government post.
- Gacki will join Citigroup as its global head of sanctions on October 1.
- Jenna Casanova, a former FBI forensic accountant, has been appointed acting FinCEN director.
- Casanova previously advised on efforts to combat illicit finance and coordinated policies across Treasury offices.
- Casanova was involved in a $1.3 billion Treasury fine against TD Bank for Bank Secrecy Act violations.
Andrea Gacki, the director of the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN), is stepping down from her government role after 25 years to join Citigroup as its global head of sanctions. Gacki, who has led FinCEN since 2023, will remain with the department for several weeks to ensure a smooth leadership transition.
The Treasury has appointed Jenna Casanova, a career Treasury official and former FBI forensic accountant, as the acting FinCEN director. Casanova most recently served as a senior adviser to the Treasury undersecretary for terrorism and financial intelligence, focusing on combating illicit finance and coordinating policies across various Treasury offices.
In her previous role, Casanova was involved in enforcement actions, including a record $1.3 billion fine against TD Bank for violations of the Bank Secrecy Act, a key federal anti-money laundering law. Citigroup announced that Gacki will begin her new role on October 1, joining the bank's Independent Compliance Risk Management leadership team to assist clients with navigating sanctions.
Brent McIntosh, Citi's chief legal officer, expressed enthusiasm for Gacki's appointment, citing her extensive experience in sanctions and financial crime.