ALLAN CLARE

With over 25 years operational and strategic experience leading financial crime risk management and compliance functions, as well as coordinating transformation and remediation programmes, Allan is an accomplished financial crime specialist and leader in the financial services sector, particularly banking and insurance. 

With a wealth of knowledge and experience acquired through senior executive leadership roles within a range of systemically important institutions across sectors including retail, wealth and commercial banking, credit cards, payments and general insurance with both domestic and global institutions, Allan has gained an industry-wide reputation as an innovator and thought leader and therefore well placed to advise Plenitude Consulting as the firm works with their clients seeking to address financial crime related challenges and strategic planning.

In his most recent role Allan was a member of the Executive Committee at HSBC UK Bank Plc, HSBC’s ‘ring fenced bank’, formed to comply with the UK’s Banking Reform Act. Here Allan held FCA Senior Manager responsibility (SMF17) for the bank’s financial crime risk management programme covering all businesses, products and services.

Throughout his career, Allan has held numerous external industry roles including most recently membership of the UK Finance Economic Crime Payment & Services Board where he actively led collaborative efforts between the public and private sectors, working in partnership with law enforcement, Government and industry bodies to drive forward economic crime reform in the UK.