By PAUL O’DONOGHUE, Senior Correspondent
THE U.S. Treasury Department has held a swearing-in ceremony for Jonathan Burke, the Assistant Secretary for Terrorist Financing.
Francisco Rapp, Chief Sanctions Officer at Citi, congratulated Mr Burke on LinkedIn following the ceremony, saying his integrity and commitment to public service “are truly inspiring”.
Mr Burke thanked Mr Rapp for his “kind words, mentorship and friendship over the years”. Mr Burke previously served as global head of banking sanctions compliance at Citi, leaving the bank in October 2025 to take up his role in the Treasury.
In December 2025, the U.S. Senate confirmed Mr Burke as Assistant Secretary of the Treasury for Terrorist Financing, according to congressional records. His nomination followed Senate Banking Committee approval in October 2025, when he called for a “risk-based regulatory regime” to address evolving illicit finance risks.
“Sanctions and other financial measures should have a clear objective,” Burke told lawmakers at the time, adding that Treasury should “encourage and incentivize the private sector’s innovative capabilities” through engagement. He said this should be done “through constructive engagement, without fear of technical non-compliance”.
Mr Burke has worked as the Global Head of Banking Sanctions Compliance at Citigroup since 2023. He was also a senior manager at Ernst & Young as a senior manager in financial services risk management.
He previously worked as a senior policy adviser for global affairs in the Treasury Department’s Office of Terrorism and Financial Intelligence from 2008 to 2012. The agency leads U.S. efforts on sanctions policy and combating terrorist financing and other illicit financial activity.
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