Former director of the Financial Crimes Enforcement Network (FinCEN) Robert Werner stepped down as General Counsel of the Libra Association three months after his appointment.
In a comment to Bloomberg Law, he explained his departure by saying that the position he held would have required him to resign from the board of directors of Deutsche Bank Trust Co. and Deutsche Bank Trust Co. Americas.
Former US Department of Homeland Security attorney Stevan Bunnell will fill the Libra vacant position. Until 2013, he was Managing Partner of the international law firm O’Melveny & Myers.
“Steve is an outstanding lawyer and a great guy,” Werner said. “I decided that the role wasn’t the right fit for me.”
Recall that the Libra Association announced Werner’s appointment on May 19.
In early May, former Deputy Treasury Secretary for Terrorism and Financial Security of the United States, Stuart Levy, was appointed the new CEO of the Libra Association