Philip Weights is the founder and Managing Director of Enhanced Banking Governance GmbH in Switzerland, and Enhanced Banking Governance Consultancy FZE in the U.A.E., collectively the EBG Group. Philip has 50 years international experience in the banking industry. Experienced Chief Auditor and consultant and a highly self-motivated self-starter. High profile individual dealing at the level of the Board of Directors, Audit Committee, and Risk Committee. He is well qualified, technically and professionally, in all aspects of auditing, corporate governance, risk management and regulatory compliance.
Previously, Philip was the Global Chief Audit Executive & Senior Vice President for a Swiss private banking group with CHF 80 billion of client assets under management. He managed a global internal audit team responsible for performing audits of private banking, corporate governance, risk management, global compliance, "high risk" client relationships and Politically Exposed Persons (PEPs), anti-money laundering controls, compliance with Swiss banking and local regulations, account opening and client due diligence, discretionary portfolio management, hedge funds, treasury and trading, credit lending, accounting and finance. The bank had offices located in Geneva, Zurich, Luxembourg, Monaco, Liechtenstein, Nassau, Cayman Islands, London, Miami, Channel Islands, Hong Kong, Singapore, Taiwan, and in Latin America. Philip implemented a quality control process to ensure internal audit compliance with the IIA Standard 1310 Quality Program Assessments.