New AtlanticistSep 13, 2023
Twenty questions (and expert answers) about Iran one year after Mahsa Amini’s death
By Atlantic Council
A year after the twenty-two-year-old Kurdish-Iranian woman died following her arrest by authorities, Iran has changed—and is still changing—in important ways.
Brian O’Toole is a nonresident senior fellow with the Atlantic Council’s GeoEconomics Center and global head of sanctions at Wells Fargo, where he oversees sanctions compliance and list-based screening efforts across the enterprise. He is an expert on economic sanctions and foreign policy with experience across public and private sectors.
Previously, O’Toole was senior vice president and director of sanctions and screening at Truist Financial Corporation, the sixth-largest bank in the United States formed from the merger of BB&T and SunTrust. In that capacity, he oversaw the corporation’s sanctions compliance efforts and politically exposed persons screening across the bank and its subsidiary businesses.
O’Toole worked at the US Department of the Treasury from 2009 to 2017. As senior adviser to the director of the Office of Foreign Assets Control (OFAC), he helped manage the implementation of all OFAC-administered economic and financial sanctions programs, and provided strategic direction of the internal management of the agency. He played a central role in designing the US sanctions regime in response to Russia’s aggression in Ukraine and negotiating the multilateral sanctions imposed by the European Union and Group of Seven in coordination with the United States. O’Toole also helped to manage implementation of US government commitments under the Joint Comprehensive Plan of Action with Iran.
Prior to joining OFAC, O’Tool served as an illicit finance analyst for both the Treasury Department’s Office of Intelligence and Analysis and at the Central Intelligence Agency, and was an anticorruption specialist in the forensic services practice at PwC.
O’Toole holds a BA from Princeton University in economics, with a certificate in finance, and an MA from Johns Hopkins University Paul H. Nitze School of Advanced International Studies in international economics and strategic studies. O’Toole lives and works in Raleigh, North Carolina.