ILA PWC Annual Fund Day


The course registration is closed. Please contact the ILA team for support –

DELANO Michael

Mike is an assurance partner specializing in the asset management industry. He began his career at PricewaterhouseCoopers in Baltimore, Maryland where he worked for 8 years before transferring to the New York office in 2004. In 2007 Mike transferred to our office in Luxembourg.

His experience has focused on leading audit engagements across a number of worldwide companies, including a wide spectrum of investment funds - equities, fixed income, emerging markets, hedge funds, private equity funds, as well as corporate audits including banks, broker/dealers and investment advisors.

Since relocating in Luxembourg, Mike has spent a significant amount of time in the fund industry primarily covering US and UK promoters which included responsibilities for actively promoting Luxembourg in the US as well as the UK. He is leading our Blockchain/Crypto team in Lux which involves working with local and international players active in this space. He is also chairing the Institut Luxembourgeois des Administrateurs (ILA) Fund Committee and is a member of the ALFI Fund Governance Forum.


Monique Bachner-Bout is an Independent Director and lawyer with broad governance, legal, technology and financial services expertise.  Monique sits on Boards of commercial companies, investment funds, and non-profits. Monique holds both law and economics degrees, and is an ILA Certified Director and INSEAD IDP-C.

Monique started her career as a Magic Circle corporate lawyer and now focuses on governance and innovation, and in particular their intersection with legal and regulatory frameworks. Monique is the author of various corporate governance and technology governance articles and guidance and is active in national and international working groups related to corporate governance, decentralisation, and automation/AI governance & ethics, and is a frequent speaker on these issues.


Marco Zwick has been appointed as Director of the Luxembourg supervisory authority, the Commission de Surveillance du Secteur Financier (CSSF), on 1 September 2018. He is predominantly in charge of the regulation and supervision of the investment fund industry and of the specialised professionals of the financial sector.

Marco has held various functions in the financial sector since 1989, including being the Head of Compliance of Deutsche Börse Group and Head of Compliance and Risk, EMEA, for Schroders prior to joining RBC Investor Services Bank in May 2015, where he was a member of the executive committee and headed the Compliance functions in Europe and Asia, as well as AML for I&TS globally. He has been chairing the AML Working Group of ALFI until his appointment as Director of the CSSF. Marco was the President of the Luxembourg Association of Risk Management (ALRiM) from 2010 to 2016 and a member of the Board of the Economist Club in Luxembourg until 2011.


Ruth is a former Advisory & Consulting Partner with Deloitte Tax & Consulting, Luxembourg specialised in asset management and banking activities.
Within Deloitte’s Strategy & Corporate Finance Practice, she was Leader for the German speaking market as well as Leader Family Office Services.
Her professional experience covers the entire investment management value chain from strategic, operational and regulatory perspectives. Before joining Deloitte as Partner in 2011, Ruth has been responsible as director, managing director and CEO for 2 management companies in Luxembourg, their day to day management and business development during several years. Her business experience over the last 20 years covers areas such as product development, structuring of investment funds, legal & compliance, portfolio and risk management, fund administration, custody services, domiciliation & administration of companies.
Ruth is Board member of management companies in Luxembourg and abroad, of several regulated and unregulated Investment Fund structures (UCITS, AIF), larger Private Equity and Real Estate vehicles. She also has experience as board member of Banking institutions and PSF.
Ruth is an ILA and INSEAD (IDP-C) certified director, as well as Qualifizierter Aufsichtsrat, Deutsche Börse AG and Certified Financial Expert, Deutsche Börse AG, focussing on audit, risk & compliance matters. She is regular member/chair of Audit, Risk and Compliance committees.
She is member of ILA’s Board of directors and member of the Comité GFI (gestionnaires de fonds d’investissement) at the CSSF.



Birgit is Risk Assurance Partner at PwC Luxembourg focused on Asset Management including the alternative investment funds industry with more than 20 years of international work experience.

Birgit leads PwC’s AML Services for Wealth and Asset Management, & Distribution/Counter Party Due Diligence Service across industries. She also leads the Performance Assurance Practice (Controls Reports). She is well connected within the Luxembourg market and the PwC Global AML network.