Albrecht Küstermann is a Compliance Counsel for Commerzbank AG, Frankfurt, since 2016, when he joined the Global Standards & Steering Sanctions department as in-house-lawyer. His unit acts as a policy department for all Commerzbank Group's sanctions issues. Its main focus is on EU and U.S. sanctions legislation.
One of Albrecht’s priority tasks is the trade finance business. Here, he is responsible for the sanctions-specific trade-finance related procedures for Commerzbank Group.
He gives regularly internal as well as external trainings on sanctions related topics.
Albrecht is a member of the Financial Sanctions Expert Group at the European Banking Federation in Brussels and the International Sanctions Compliance Task Force at ACAMS. He is also Member of the Bar Association in Frankfurt/Main. Prior to joining Commerzbank AG, he worked as in-house-lawyer and Local Compliance Officer for a foreign bank in Frankfurt.