Gary Peterson

Senior Level Advisory, Governance, Culture Change, Lines of Defense, Change Management

Gary is the founder and president of IMAG, an advisory firm specializing in governance, culture change, Financial Crimes and global financial institution compliance. A frequent industry speaker, he brings more than three decades of experience providing advice and oversight to large US and global financial institutions. He has served as the AML Director for HSBC North America during its large scale regulatory order remediation and also as HSBC’s Chief Compliance Officer responsible for managing the activities of over 1,800 US compliance staff. Gary frequently advises boards and senior management teams on strategic planning initiatives relating to compliance governance, lines of defense, enterprise reputational risk, compliance technology and advanced analytics. He also conducts independent investigations for senior management. He frequently serves as senior on-site Advisor or Interim Deputy Financial Crimes Director for major client groups whose Financial Crimes and compliance programs are in transition.

Prior to forming IMAG, he was Chief of Staff, General Counsel and Head of Compliance of Midland Bank plc USA and General Counsel of Midland’s Trade Finance division. He has served as the Chairman of the Board Compliance Committee of BBCN Bank, the largest Korean American bank in the US and, upon BBCN’s acquisition of Wilshire Bank, was appointed Chairman of the Risk Committee of the combined bank’s holding company.

Gary is a summa cum laude graduate of Lehigh University and received his J.D. from the School of Law of Case Western Reserve University. He is a member of the New York State and Federal bars. He is married, enjoys golf and fishing and plays boogie and blues piano.

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