Uldis Upenieks, CAMS

Uldis Upenieks brings over 25 years of experience in the financial sector, including 20 years in the banking industry. He has held prominent leadership roles, most notably serving as Chief Compliance Officer at Citadele Bank, one of the largest banks in the Baltics.

As the co-chair of the ACAMS Baltic Chapter, Uldis is deeply involved in shaping Latvia’s regulatory framework for AML (Anti-Money Laundering), CTF (Counter-Terrorism Financing), and CPF (Counter-Proliferation Financing). His efforts extend to promoting best practices in the financial sector across these critical areas.

Before his tenure at Citadele Bank, Uldis served as Chairman of the Board at IPAS CBL Asset Management. Earlier in his career, he was a Board Member and Head of Internal Audit for the PrivatBank Group. From 2002 to 2009, he led the Client Oversight Function at Citadele, and from 2009 to 2011, he was Vice President and Deputy Director of the Risk and Compliance Sector.

Uldis holds a master’s degree in Business Administration and a bachelor’s degree in Economics from Riga Technical University. Additionally, he has studied at the Riga Graduate School of Law and completed the prestigious Corporate Governance course at INSEAD.