Thunes Fortifies Global Compliance with Appointment of Peter Cohen as Chief Compliance Officer
Seasoned compliance professional joins Thunes to enhance Fortress Compliance Platform and support next phase of growth
Singapore, 20 November 2024 – Thunes, the Smart Superhighway to move money around the world, today announced the appointment of Peter Cohen as its new Chief Compliance Officer, effective immediately. Reporting to General Counsel Ruwan De Soyza as part of the Legal & Compliance Function, Peter will play a major role in advancing Thunes’ commitment to world-class compliance standards.
With over 20 years of experience in the payments industry, Peter brings deep expertise in both regulatory and financial crime compliance. His proven ability to implement innovative compliance frameworks in global environments makes him a valuable addition to Thunes’ leadership team.
“This strategic hire demonstrates our unwavering commitment to compliance, one of the cornerstones of the value we provide to the Members of the Thunes Direct Global Network. Peter’s extensive expertise will reinforce our efforts to offer secure and seamless payment solutions globally, empowering our Members to conduct cross-border transactions with increased confidence and efficiency.”
Floris de Kort, CEO of Thunes
“We are delighted to welcome Peter to the team. His leadership will enhance the group’s compliance capabilities and Fortress Compliance Platform during our next stage of growth. Peter’s experience and commitment to building strong, collaborative teams aligns perfectly with our fast-paced and diverse culture.”
Ruwan De Soyza, General Counsel at Thunes
“I am thrilled to join Thunes at this dynamic time. I look forward to enhancing our compliance capabilities and supporting our mission of building the most dependable Direct Global Network. Continual enhancement of the Thunes Fortress Compliance Platform is essential to providing our Network Members with secure and efficient cross-border transactions.”
Peter Cohen, Chief Compliance Officer at Thunes
Contact:
Flo Holt, Headland, fholt@headlandconsultancy.com
Mathieu Limousi, Chief Marketing Officer, Thunes, mathieu.limousi@thunes.com
About Thunes:
Thunes is the Smart Superhighway to move money around the world. Thunes’ proprietary Direct Global Network allows Members to make payments in real-time in over 130 countries and more than 80 currencies. Thunes’ Network connects directly to over 7 billion mobile wallets and bank accounts worldwide, as well as 15 billion cards via more than 320 different payment methods, such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay and many more. Thunes’ Direct Global Network differentiates itself through its worldwide reach, in-house SmartX Treasury System and Fortress Compliance Platform, ensuring Members of the Network receive unrivaled speed, control, visibility, protection, and cost efficiencies when making real-time payments, globally. Members of Thunes’ Direct Global Network include gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, MTOs, fintechs, PSPs and banks. Headquartered in Singapore, Thunes has offices in 15 locations, including Abidjan, Barcelona, Beijing, Dubai, Hong Kong, Johannesburg, London, Manila, Nairobi, Paris, Riyadh, San Francisco, Sao Paulo and Shanghai. For more information, visit: https://www.thunes.com/
