What is Corruption: Anti-Corruption and Compliance

Mr. Kandel serves as the Global Chief Compliance Officer, Senior Legal Counsel, and Senior Managing Director at Cerberus Capital Management, L.P., one of the world’s foremost private investment firms, having joined in 2007. He oversees the compliance functions for the firm’s diverse activities in private equity, lending, real estate, and trading across 18 global offices. In addition to his compliance role, he is an active member of several key committees, including the Compliance and Risk Management Committee, Valuation Committee, and is the Chair of the Environmental, Social and Governance Committee. Before Cerberus, he was the First Vice President and Assistant General Counsel at Merrill Lynch from 1998 to 2007, focusing on state regulation, legislation, and government relations, and managing various compliance issues related to the SEC and other regulatory bodies. Earlier in his career, Mr. Kandel was the Chief of the Investor Protection & Securities Bureau at the New York State Attorney General’s Office, where he oversaw the prosecution of numerous securities fraud cases and conducted public hearings on key issues like Microcap Securities Fraud. His extensive legal career also includes roles as Senior Special Counsel at the New York Stock Exchange's Enforcement Division and as an Assistant District Attorney in Manhattan. Mr. Kandel graduated magna cum laude from the University of Pennsylvania with a BA in Economics and Political Science and earned his law degree from the same institution, where he currently serves as a Lecturer in Law, teaching Corporate Governance and Compliance.