The SEC announced today that Andrew "Buddy" Donohue will serve as the Commission's Chief of Staff where he will advise Chair Mary Jo White on policy, management and regulatory issues. In the announcement, White highlighted Donohue's extensive experience, both in the private sector as well as at the SEC. White noted that "Buddy is a seasoned professional whose previous SEC and private sector experience will be invaluable in advancing all aspects of the agency's mission. His deep knowledge of asset management will be especially useful as the Commission advances its rulemaking agenda for addressing potential risks in asset management and considers a uniform fiduciary standard."
Donohue previously served as the Director of the Division of Investment Management from 2006 to 2010. He was most recently deputy general counsel and investment company general counsel at Goldman Sachs Asset Management. Additionally, he previously held positions at Merrill Lynch, OppenheimerFunds, and law firm Morgan Lewis. Donohue will replace Lona Nallengara who will be leaving his post at the end of June after a two-year stint in the position.