In a recent press release, Aya, Canada’s number one healthcare and wellness spending account provider, announced that it has engaged global risk management firm SightSpan to oversee and manage the company’s anti-money laundering (AML) program.
Chanddeep Madaan, Aya’s CEO said: “As we grow and expand, it’s critical we have the right resources and AML systems in place to mitigate risks in our business. In an environment where costs are rising across the board, removing financial barriers to health and wellness is paramount. With its strong track record in risk management and AML, SightSpan will help us scale our operations to support more individuals in Canada and the United States.”
John Walsh, CEO of SightSpan and Aya Advisory Board member, and Andrea Corbine, EVP Payments at SightSpan, will work closely with the Aya leadership team to oversee the company’s AML and compliance functions.
“We are firm believers in Aya’s mission to help more people access affordable health and wellness services,” said Walsh. “Chanddeep and his team have done a remarkable job partnering with leading banks and financial institutions to drive a more inclusive health care system. We are excited to work with them to enhance their AML and compliance and expand their banking relationships.”
