iCapital® appoints regulatory expert Agnes Bundy Scanlan, president of the Cambridge Group, to its board
Bundy Scanlan brings 30 years of legal and risk management experience in finance and government to the board and audit committee this quarter.
NEW YORK, January 4, 2023–(BUSINESS WIRE)–iCapital1the global fintech platform that powers access to alternative investments for the wealth management industry, announced the appointment of Agnes Bundy Scanlan to the company’s board of directors, effective January 1, 2023.
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Agnes Bundy Scanlan (Photo: Business Wire)
Bundy Scanlan brings a wealth of experience from his 30-year career in regulatory risk management and compliance. Since May 2020, she has served as president of The Cambridge Group, a regulatory risk management firm that advises financial services and fintech firms. A former head of regulation and compliance and global head of privacy at TD Bank, Ms. Bundy Scanlan also sits on the board of AppFolio, R1 RCM and Truist Financial. In 2021, she was recognized as one of Savoy’s most influential Black Corporate Directors.
“Having an active and engaged board with a variety of backgrounds and experiences is critical to the success of iCapital. I am pleased to welcome Agnes to our board,” said Lawrence Calcano, Chairman and CEO of iCapital. “We look forward to working with her and benefiting from her wisdom and experience.”
Prior to joining the Cambridge Group, Bundy Scanlan worked as a senior advisor for the consulting firm Treliant and Northeast Regional Director at the Consumer Financial Protection Bureau. She has also held various management roles at Bank of America and FleetBoston Financial. Earlier in her career, she was an advisor to the US Senate Banking Committee.
“I am delighted to join iCapital’s Board of Directors,” said Bundy Scanlan. “iCapital is a leader in making alternative investments more accessible to advisors and investors. I look forward to working with Lawrence and iCapital to continue to deliver on this mission.”
About iCapital
Founded in 2013, iCapital is the leading global fintech company operating the world’s marketplace for alternative investments. iCapital has transformed how wealth management, banking and asset management facilitate access to private market investments for its high net worth clients by providing intuitive, end-to-end technology and service solutions; educational tools and resources; and robust due diligence, compliance and portfolio analysis capabilities. iCapital’s solutions enable organizations to streamline and scale their operational infrastructure for alternative investments and to provide access to direct investments and feeder funds at lower minimum requirements through simplified digital workflows.
iCapital managed platforms offer wealth advisors and their high net worth clients access to a comprehensive menu of private investments including equities, credit, real estate, infrastructure, structured investments, annuities and risk managed solutions. iCapital has been recognized on the Forbes Fintech 50 list every year from 2018 to 2022, Forbes America’s Best Startup Employers in 2021 and 2022, and MMI/Barron’s Industry Awards as Solution Provider of the Year in 2020, 2021 and 2022.
As of November 30, 2022, iCapital serves more than USD 149.3 billion in global client assets, of which approximately USD 30.5 billion is from international investors (foreign domestic) across more than 1,180 funds. iCapital employs 1,050 people globally, is headquartered in NYC and has offices worldwide, including Zurich, Toronto, Singapore, London, Lisbon and Hong Kong.
For more information, visit www.capital.com | Twitter: @capitalnetwork | LinkedIn: https://www.linkedin.com/company/capital-network-inc
See disclosures here.
© 2023 Institutional Capital Network, Inc. All rights reserved.
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1 Institutional Capital Network, Inc., and its affiliates (collectively “iCapital”)
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Contacts
iCapital Media
North America, Morgan Miller
The Neibart group
[email protected]
+1 919-602-2806
