Robert Werner Named as Director of OFAC
Treasury Secretary John Snow announced today that Robert (Bob) Werner will become the new Director of the Office of Foreign Assets Control (OFAC) on October 1, 2004.
Werner currently serves as the Treasury Department's Assistant General Counsel for Enforcement and Intelligence. He previously served as Treasury's Counselor to the Office of the General Counsel and the Chief of Staff at the Financial Crimes Enforcement Network (FinCEN).
Before coming to Treasury, Werner served in the Justice Department's Office of Legal Counsel. He also served as a federal prosecutor in the U.S. Attorney's Office in Connecticut, Associate Attorney General in the State of Connecticut, and he headed Connecticut's gaming regulatory agency. Werner's private sector experience includes work as a partner at Bingham Dana LLP (now Bingham McCutchen) and as an officer at The Phoenix Home Life Mutual Insurance Company (now The Phoenix Companies). Werner is also a former law clerk to Associate Justices Lewis F. Powell, Jr. and Anthony M. Kennedy.
Werner replaces Richard Newcomb, who announced earlier this month his intent to depart the Treasury after 17 years as OFAC Director.
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