US based institutional brokerage service provider Wedbush Securities Inc., made a recent announcement stating that it has hired Andrew Druch to serve as its Executive Vice President and General Counsel. The Los Angeles headquartered firm is privately held entity popular in the market for wide array of its financial products including capital market investments, wealth management and clearing and execution and advisory services. In his new role as Executive Vice President and General Counsel at Wedbush Securities, Andrew is responsible for overseeing the firm’s legal, compliance and regulatory business practices. Andrew is also responsible for looking after and maintaining the firm’s ties with domestic and international partners in finance industry.
Andrew is an industry veteran with over three decades of experience in financial service industry and has held role of General Counsel throughout his long career as per information in his LinkedIn profile. He has served at many major heavyweights in financial service industry such as DNB, Lehman Brothers, Rabobank and ING bank over the course of last three decades. Prior to joining Wedbush Securities, Andrew served as General Counsel for Norway based banking service provider DNB from their office in New York and was responsible for business operations across Americas region for a period of nearly 7 years and 7 months. He began his career as VP and Counsel for Drexel Burnham Lambert where he served for nearly 5 years after graduating from Rutgers University School of Law.
When speaking about his new role as EVP & General Counsel at Wedbush, Andrew Commented, “This is such a great time to join Wedbush, a time where the company is investing in its long-term growth. I’m thrilled to be in this new position for the firm, to provide legal guidance and perspective as we move forward”. Speaking about his appointment at the firm, the statement from the firm quoted, “We welcome Andrew and his deep knowledge of securities and banking laws, as the firm is poised for accelerated growth. We look forward to his counsel as we make further strides in our Wealth Management, Investment Banking, and ACAPS divisions, as well as building out our infrastructure, making additional asset acquisitions and expanding geographically”.
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