People Moves: Peter Cohen
Job From: SVP Enterprise Risk & Regulatory Compliance, Xplor
Job To: Chief Compliance Officer, Thunes
Thunes, the global payments network provider, has bolstered its executive team with the appointment of Peter Cohen as Chief Compliance Officer. Cohen, who brings over two decades of experience in the payments industry, has joined the company with immediate effect and will report to General Counsel Ruwan De Soyza.
The appointment comes at a crucial moment for Thunes as it continues to expand its Direct Global Network and enhance its Fortress Compliance Platform. Cohen's extensive background in both regulatory and financial crime compliance positions him well to advance the company's compliance framework during its next growth phase.
As Chief Compliance Officer, Cohen will play a vital role in maintaining and elevating Thunes' compliance standards, which are fundamental to the company's value proposition for its Network Members. His appointment underscores Thunes' commitment to providing secure and efficient cross-border payment solutions.
CEO Floris de Kort emphasised the strategic importance of the hire, highlighting compliance as a cornerstone of Thunes' service offering. Meanwhile, General Counsel Ruwan De Soyza pointed to Cohen's leadership qualities and team-building capabilities as particularly valuable assets for the company's fast-paced culture.
Cohen expressed enthusiasm about joining Thunes during this period of growth, focusing on his role in enhancing the Fortress Compliance Platform. His primary objective will be to strengthen the company's compliance capabilities whilst supporting its mission to build the most reliable Direct Global Network, ensuring Network Members can conduct cross-border transactions with maximum security and efficiency.
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