Daniel Elustondo

About Daniel Elustondo

I am an enterprise compliance and risk leader with 18+ years of experience building, leading, and scaling global ethics and compliance programs across complex, high-risk environments.As Head of Business Integrity & Ethics & Compliance for a major overseas upstream organization, I held single point accountability for program strategy, governance, and execution across a employee operation, embedding anti-corruption and regulatory risk management into core business decision-making and advising boards and executive leadership on high-impact strategic matters. I drove enterprise-wide adoption and integration of compliance frameworks across multiple in-country joint ventures across the value chain, orchestrated a country-wide collective action initiative with government endorsement driving the adoption of anti-corruption and integrity standards across 40+ partners and service providers in the energy industry, and achieved ISO 37001 Anti-Bribery Management certification, the first organization in-country to do so.Currently, as Senior Legal Counsel in the Regulatory group at Shell, I serve as a strategic advisor to executive leadership and global business units, shaping enterprise approaches to anti-corruption, AML, and national security risks across cross-border transactions and operations. I have directed complex internal investigations in high-risk jurisdictions and led initiatives to strengthen third-party risk management and assurance processes. I act as the enterprise lead for U.S. CFIUS matters, independently managing end-to-end regulatory strategy and filings for strategic U.S. acquisitions and divestments. My leadership is defined by a pragmatic, business-aligned approach, translating regulatory complexity into clear, actionable guidance that enables commercial outcomes while strengthening governance, controls, and risk visibility across the enterprise. I lead through influence in matrix environments, developing high performing teams and embedding a culture of integrity, accountability, and disciplined risk management at scale.

Experience

1. Senior Legal Counsel- Group Regulatory

   Shell

   Jul 2019 — Present · Houston, TX, US

   Enterprise regulatory and compliance leader partnering with executive leadership and global business units to shape enterprise approaches to anti-corruption, AML, financial crime, and national security risk across complex cross-border transactions and operations. • Served as Secretary to the Group-level Executive Anti-Bribery & Corruption (ABAC) Committee, enabling enterprise governance, structured oversight, and strategic direction on compliance risk and program maturity.• Drove global compliance program enhancements, strengthening third party risk governance, simplifying ABAC control frameworks, and increasing operational clarity and accountability across global business units.• Shape and influence executive decision-making on multi-billion-dollar strategic transactions, market entry, major projects, and cross-border investments, embedding anti-corruption advice and safeguards into higher-risk commercial decision-making.• Directed high profile internal investigations and remediation efforts, coordinating with cross-functional stakeholders and external counsel to resolve complex compliance matters and strengthen operational controls.• Delivered executive briefings and enterprise-wide training programs, translating regulatory developments and enforcement trends into actionable compliance strategies for leadership and employees.• Act as enterprise lead for U.S. CFIUS matters, independently managing end-to-end regulatory strategy, risk assessment, and filings for strategic U.S. acquisitions and divestments.• Strengthened regulatory risk capabilities by developing toolkits and resources enabling legal and commercial teams to assess national security risks and navigate transaction-related regulatory obligations.• Developed and mentored global team members, strengthening capability across regions.• Champion adoption of AI-enabled tools and process innovations to enhance legal insight, workflow efficiency, and risk analytics across the function.

Education

• South Texas College of Law Houston

  Doctor of Law (JD)

  2003 — 2007

• University of St. Thomas (TX)

  BBA, Business, Marketing

  1995 — 1999