Saumya Bhavsar appointed as general counsel of Libra Networks

The Libra Association, headquartered in Geneva, announced the appointment of Saumya Bhavsar (pictured) as General Counsel of Libra Networks. She brings two decades of leadership experience in financial services and deep expertise in legal, regulatory, and compliance matters to Libra Networks.

Previously holding roles within top U.S. and EU banks and regulatory agencies, Bhavsar is a skilled industry leader with experience shaping and managing global and regional financial services organizations through periods of significant strategic change. Most recently, she served as a Managing Director, Global Head of Regulatory Affairs and Group Head of the Data Protection Office at Credit Suisse.

Her previous banking roles include Managing Director at UBS and Assistant General Counsel at Euroclear Bank. In these roles, she led legal teams that advised on and ensured compliance with cross-border regulations, settlement agreements with US authorities and significant merger transactions. Her extensive knowledge of banking, securities and privacy laws and regulations combined with innovative and pragmatic solutions, have successfully reduced legal, regulatory and operational risks and defined her leadership as a trusted advisor and strategist.

Libra Network previously appointed Steve Bunnell as new Chief Legal Officer, after just three months they had welcomed Robert Werner as Gc. Bunnell brings deep legal, national security, law enforcement, and regulatory experience as a former General Counsel of the U.S. Department of Homeland Security, and a former Chief of the Criminal Division of the U.S. Attorney’s Office for the District of Columbia.