 The US Securities and Exchange Commission names a new leader to head its Division of Investment Management. DAILY NEWS photo |
The U.S. Securities and Exchange Commission, or SEC, named Eileen Rominger, a former executive with Goldman Sachs Group, to become director of its Division of Investment Management.
Rominger, 56, will take the helm next month at the unit responsible for protecting investors and promoting capital formation through oversight and regulation of the investment management industry, the SEC said Tuesday in a statement. She worked for the past 11 years at Goldman Sachs Asset Management, most recently as global chief investment officer, the SEC said.
She will replace Andrew J. “Buddy” Donohue, who stepped down in November.
“Eileen brings the agency a lifetime of experience in the asset management industry and a record of strong leadership,” SEC Chairman Mary L. Schapiro said in the statement. “She understands the importance of the nation’s investment management industry to the well-being of investors everywhere.”
Rominger comes to the SEC job with “unique credentials,” said Paul Schott Stevens, president and chief executive officer of the Washington-based Investment Company Institute, in a statement. “Her qualifications will very effectively serve the interests of America’s mutual fund investors and the mission of the SEC more broadly.”
Rominger, 56, will take the helm next month at the unit responsible for protecting investors and promoting capital formation through oversight and regulation of the investment management industry, the SEC said Tuesday in a statement. She worked for the past 11 years at Goldman Sachs Asset Management, most recently as global chief investment officer, the SEC said.
She will replace Andrew J. “Buddy” Donohue, who stepped down in November.
“Eileen brings the agency a lifetime of experience in the asset management industry and a record of strong leadership,” SEC Chairman Mary L. Schapiro said in the statement. “She understands the importance of the nation’s investment management industry to the well-being of investors everywhere.”
Rominger comes to the SEC job with “unique credentials,” said Paul Schott Stevens, president and chief executive officer of the Washington-based Investment Company Institute, in a statement. “Her qualifications will very effectively serve the interests of America’s mutual fund investors and the mission of the SEC more broadly.”
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