Raffi Festekjian is president of the Risk & Compliance unit of Wolters Kluwer Financial Services. He is responsible for the overall strategic direction of Wolters Kluwer Financial Services’ Enterprise Risk Management, Consumer Compliance, Financial Crime, Securities Tax Compliance, and Insurance lines of business. He reports directly to the chief executive officer of Wolters Kluwer Financial & Compliance Services.

Festekjian has more than 20 years of experience in financial services. He joined Wolters Kluwer Financial Services in 2004 when the organization acquired PCi. As co-founder of PCi, an industry-leading business that specialized in addressing fair lending, Community Reinvestment Act, Home Mortgage Disclosure Act and predatory lending requirements, Festekjian provided strategic direction for its product lines, including sales, product enhancements and delivery. Under his leadership, PCi became one of the largest providers of compliance solutions to the financial services industry.

Prior to founding PCi, Festekjian was a consultant and investment banker at Keller Management, Inc. where he specialized in aiding capital-deficient community banks through operations consulting, and the recapitalization or sale of the institution. He also worked in product management at Proctor & Gamble, and as a civil engineer in the construction industry.

Festekjian received an M.B.A., with distinction, from the J.L. Kellogg Graduate School of Management, and a B.S. in Engineering from American University of Beirut.