Deutsche Bank has named Richard Weber as managing director and head of anti-financial crime (AFC) for the Americas.

Weber will take up the new responsibility on 26 June 2017 and will also become a member of the German bank’s global AFC executive committee.

He will report to global head of anti-financial crime and group anti-money laundering officer Philippe Vollot and to COO for Americas, Stuart Clarke.

Weber most recently was chief of the criminal investigation division at Internal Revenue Service.

His previous roles include deputy chief of the investigation division and chief of the Major Economic Crimes Bureau in the Manhattan District Attorney’s Office, chief of the asset forfeiture and money laundering section at US Department of Justice, and assistant United States attorney in the eastern district of New York.

Deutsche bank also appointed Irwin Nack as managing director and deputy head of AFC for the Americas.

Nack, who will report to Weber, most recently served as the head of global financial crimes advisory at Bank of Tokyo-Mitsubishi UFJ. He previously also worked as investigative counsel for the New York State Banking Department, and as a prosecutor in the Manhattan District Attorney’s Office.

“I am honored and delighted that Richard and Irwin have accepted such critical and important positions at the bank. Their additions represent a material enhancement to our AFC program and demonstrate the bank’s commitment to fighting financial crime. Their arrival will reinforce the overall talent pool within the Chief Regulatory Office division and enhance the control environment,” Vollot stated.

At the same time, Deutsche Bank also unveiled plans to hire over 600 employees in the AFC unit in 2017.