Richard Dunmall

EMEA Head of Sanctions
SMBC Group

Richard is the EMEA Head of Sanctions at Sumitomo Mitsui Banking Corporation (SMBC) and is responsible for overseeing sanctions compliance within the region. Richard joined SMBC in February 2013 and has led efforts to enhance the sanctions systems and controls framework. During his time at SMBC Richard has led in responding to the implementation of EU/U.S. sanctions targeting Russian interests, the implementation of the JCPOA and subsequent U.S. withdrawal. Working closely with deals teams at SMBC, Richard has substantial experience in sanctions risk mitigation with respect to corporate banking products. Richard is currently a Co-Chair of the UK Finance Sanctions Panel.

Prior to SMBC, Richard worked in an AML and Sanctions function at Credit Suisse during a period when the bank was under a Deferred Prosecution Agreement for sanctions violations and had to go through the challenges presented by the Arab Spring. Prior to Credit Suisse, Richard began his career working on a KYC remediation project at Goldman Sachs.