OFAC head Andrea Gacki shifted to lead FinCEN

Treasury Secretary Janet Yellen announced Thursday the appointment of Andrea Gacki as director of the Financial Crimes Enforcement Network (FinCEN).

Gacki shifts to FinCEN from another arm of the Treasury Department in the Office of Foreign Assets Control (OFAC), which she led as director since September 2018.

“During her time as director of OFAC, Andrea guided the office through major world events, including most recently its role countering Russia’s illegal and unprovoked war against Ukraine, where she helped design our unprecedented sanctions strategy,” said Yellen in a statement. “As FinCEN embarks on its most ambitious project in recent years—bringing transparency to corporate ownership and protecting the U.S. financial system—there’s no one I trust more to lead the office than Andrea.”