Andrea Gacki, who has led the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) since 2023, is stepping down to take a senior compliance role at Citigroup, the Treasury announced on Thursday. Gacki will join Citi as the bank's global head of sanctions, with a start date of October 1.
The Treasury said Gacki is leaving public service after a 25-year career split between the Treasury Department and the Department of Justice. She will remain at FinCEN for several weeks to assist with an orderly leadership transition.
To fill the immediate leadership gap, the department named Jenna Casanova as acting director of FinCEN. Casanova is a career Treasury official and a former FBI forensic accountant. Most recently she served as senior adviser to the Treasury undersecretary for terrorism and financial intelligence, where her portfolio included work on countering illicit finance and coordinating policy across FinCEN, the Office of Foreign Assets Control and other Treasury offices.
The Treasury noted that Casanova has prior experience on FinCEN enforcement matters. She helped lead the case that resulted in what the department described as a record $1.3 billion Treasury fine against TD Bank. That penalty was part of $3 billion in total fines assessed for violations of the Bank Secrecy Act, the main federal anti-money laundering statute.
Citi said Gacki will become a member of its Independent Compliance Risk Management leadership team and will assist clients in navigating an increasingly complex sanctions landscape. The bank issued a statement confirming her appointment and start date.
Brent McIntosh, Citi's chief legal officer and corporate secretary, praised Gacki's expertise in sanctions and financial crime. McIntosh, who served alongside Gacki as Treasury undersecretary for international affairs during the first Trump administration, said her combination of experience in both government and the banking sector is highly regarded.
The move marks a transition from public enforcement and regulatory roles to a senior private-sector compliance position focused on sanctions risks. The Treasury's appointment of an acting director and Gacki's overlap at FinCEN for several weeks are intended to reduce disruption as responsibilities shift.
Context and implications
The personnel change underscores continued attention to sanctions and anti-money laundering enforcement within both the public and private sectors. It also highlights the pathways between government enforcement roles and senior compliance positions at major financial institutions.