FTI Consulting Appoints Piers Rake as Managing Director in the Financial Services Practice within the Forensic and Litigation Consulting Segment
London, 16 December 2019 — FTI Consulting, Inc. (NYSE: FCN) today announced that Piers Rake has joined as a Managing Director in the Financial Services practice within the firm’s Forensic and Litigation Consulting segment in London.
Mr Rake has 17 years of experience helping businesses, international organizations and governments investigate and respond to allegations or instances of fraud, corruption, bribery, money laundering, tax evasion and other acts of misconduct. He also supports clients and their legal advisors in relation to civil disputes, criminal proceedings, regulatory investigations and settlement negotiations. He has led financial and non-financial cross border investigations across the EMEA region on behalf of clients in a range of sectors, including financial services, healthcare, energy, construction and the public sector.
Commenting on the appointment, Nigel Webb, a Senior Managing Director and Head of the Financial Services practice in London, said, “Piers brings an extensive understanding of complex money laundering and financial crime threats that affect many global financial institutions. His experience working both in the UK and overseas gives him a unique perspective on how organizations should approach cross-border investigations. We welcome him to the team.”
Mr Rake previously served as the global head of financial crime investigations for a large transatlantic consumer and wholesale bank. He was also the bank’s accountable Global Nominated Officer under the UK’s money laundering and terrorist financing legislation, and he brings experience of advising banking executives on compliance with their legal and regulatory obligations.
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