The Bancorp Appoints Sepideh Behram SVP, Chief Compliance Officer

WILMINGTON, Del.--(BUSINESS WIRE)--

The Bancorp TBBK today announced the appointment of Sepideh Behram to SVP, Chief Compliance Officer. In her new role, Behram will oversee the organization's entire Compliance Risk Management Program, ensuring best-in-class consumer protection within The Bancorp and among its third-party partners and service providers.

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According to Steven Turowski, EVP, Chief Risk Officer, "Appointing Sepideh Behram to the critical role of Chief Compliance Officer is yet another demonstration of The Bancorp's commitment to designing and maintaining a best-in-class compliance risk culture. Sepideh has a strong understanding of our unique private-label banking business model, policies and standards. This context, combined with her comprehensive regulatory background, has all of us at The Bancorp thrilled to have Sepideh heading up one of the most important functions in our organization."

Prior to joining The Bancorp, Behram served as Vice President of Global Compliance and Ethics for Global Corporate Payments at American Express, and as Chief Compliance Officer at Travelex Global Business Payments NA. She also served as the Senior Compliance Counsel in the Center for Regulatory Compliance Section of the American Bankers Association (ABA), overseeing regulatory efforts in Anti-Money Laundering and Bank Secrecy Act matters by issuing comment letters and engaging the industry in discussions on proposed legislation. Previous to the ABA, Behram served as Director of Global Anti-Money Laundering for E*TRADE Financial and as Deputy Chief Compliance Officer for E*TRADE Bank, along with several roles at Monroe Bank and Trust in Monroe, Michigan, including Second Vice President and Special Assets Manager, overseeing commercial loan workouts and collections.

"It's been a pleasure being a part of The Bancorp and having the opportunity to work with internal colleagues who are industry leaders. I'm excited about the opportunities ahead for our organization and continuing to work with a stellar team of compliance professionals to deliver a best-in-class compliance program," said Behram.

Behram has a J.D. from Michigan State University School of Law and a B.A. in Political Science from George Washington University. She is a member of the District of Columbia and Michigan Bars, as well as the American Bar Association. Behram is the Chair of the ABA's CAFP Advisory Board and Co-Chair of the US Capital Chapter of ACAMS.

About The Bancorp, Inc.

With operations in the US and Europe, The Bancorp, Inc. TBBK is dedicated to serving the unique needs of non-bank financial service companies, ranging from entrepreneurial start-ups to those on the Fortune 500. The company's chief financial institution, The Bancorp Bank (Member FDIC, Equal Housing Lender), has been repeatedly recognized in the payments industry as the Top Issuer of Prepaid Cards (US), a top merchant sponsor bank, and a top ACH originator. Specialized lending distinctions include National Preferred SBA Lender, a leading provider of securities-backed lines of credit, and one of the few bank-owned commercial leasing groups in the nation. thebancorp.com.

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