Bashir A. AL-Nakib, CAMS
In addition to being a member of the Lebanon Bankers Association AML Committee, Mr. Al-Nakib is the founder and moderator of two online discussion forums comprised of AML professionals and Lebanese compliance officers. His greatest accomplishments were the creation of the “The Group AML Professionals” and the launch of the Groupamlprofessionals@yahoogroups.com, a discussion forum addressed to the MENA region, with an aim to increase compliance and anti-money laundering culture. This forum became an integral part of Lebanon 1st Compliance website addressed to the MENA region under the name Compliance Alert.
Mr. Al-Nakib’s journey as a Compliance Officer started in February 2002, when he was appointed by The Lebanese Canadian Bank, SAL, as “The Bank Compliance Officer,” a task fulfilled until June 2003, where he founded the Bank Compliance Unit, starting with one staff member and by October 2008 with six assistants and 33 branch compliance officers, building the bank AML Risk Matrix and outsourcing a solution to monitor and detect unusual alerts and suspicious activities.
The path to present achievements began in March 2004, when he joined ACAMS as a Professional Compliance Officer, followed by joining efforts with couple of colleagues in Lebanon, by inviting other banks compliance officers to form their own club, “The Group AML Professionals.”
The group is addressed to the MENA region with an aim to increase compliance and anti-money laundering culture. The group has grown to 513 Members to date.
A month later a further step was taken and the forum had a proposal from ACAMS to process for the Lebanon CAMS process certification. As a result to the unfortunate events in Lebanon, Feb 14th, 2005, the proposal was endorsed to the new AML Committee – Lebanon Bankers Association (ABL), a motion-process took its shape through the ABL’s board adoption, and succeeded to have 29 candidates by January 2006. From that date and in cooperation with the Centre of Banking Studies the journey of four months preparing the candidates in cooperation with Ms. Samar Baasiri (co-founder of AML Committee, and Group AML Professionals), and they had Lebanon 1st 19 CAMS graduates in May 18, 2006.
This forum became an integral part of Compliance Alert with an aim to contribute in: In-house Compliance Training / Public Training / E-learning modules/Market updates / events.