Evolve Bank & Trust Appoints Nicholas M. Pawelk as Chief Anti-Money Laundering Officer

Evolve Bank & Trust, a leading player in the payments and Banking-as-a-Service (BaaS) industry, today announced the appointment of Nicholas M. Pawelk as Bank Secrecy Act (BSA) Officer . With over 20 years of experience, Pawelk has led teams in the areas of risk, regulatory compliance, and operations at several financial institutions. This appointment reinforces Evolve's commitment to always improving its compliance teams.

“Nick’s experience and knowledge in regulatory compliance brings added value not only to Evolve, but also to our fintech partners and, most importantly, consumers,” said Scott Stafford, President and CEO of Evolve. Pawelk has held various risk management and compliance roles, including Senior Manager, Financial Services Advisory at Ernst & Young.

Pawelk is committed to leading Evolve's compliance practices and financial integrity, adapting to the dynamic fintech landscape to ensure a secure and compliant environment for customers. He received his law degree from the University of Connecticut and his Bachelor of Science degree from Quinnipiac University.