PORTLAND, Ore.–(BUSINESS WIRE)–#AML–Bates Group LLC, a leader in regulatory, compliance, anti-money laundering (AML), and litigation consulting for the financial services industry, has announced the appointment of Benjamin R. Pappas as Chief Executive Officer, effective immediately. Previously, Pappas was Bates Group’s President, where he was responsible for driving the firm’s overall growth strategy.
Pappas succeeds former CEO Jennifer Stout, who will be taking up new roles as Vice-Chair of the Board of Directors and Senior Executive Advisor to the firm. Client engagement will remain a key priority for Stout. She will continue to maintain close relationships with clients and will be actively involved in conducting outreach to Bates Group’s portfolio of financial firms and counsel.
Stout said, “It has been an honor serving as an executive leader of Bates Group and working alongside our outstanding staff and wonderful clients. As I proceed in my new roles, I look forward to
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