Prior to joining Promontory, Raffaele worked for 17 years for Banca Nazionale del Lavoro, the Italian subsidiary of BNP Paribas. At BNL, Raffaele was chief operating officer of the bank’s corporate division and also had served as head of finance and administration in the London office. During his career at BNL, he presided over a wide variety of regulatory matters, working with the Bank of Italy, U.S. Federal Reserve, and the United Kingdom’s Financial Services Authority. He also served as a member of the Steering Committee for implementing the Market Intermediaries Financial Directive, designed internal controls in the corporate division, developed middle- and back-office operations in the London branch, and managed the introduction of the euro and International Accounting Standards, including fair valuation of trading and banking books. Raffaele has also been an instructor on anti-money laundering for banking professionals.