WASHINGTON (February 28, 2006) –The North American Securities Administrators Association (NASAA), the membership organization of state and provincial securities regulators, today named Russ Iuculano as Executive Director.
“I am very excited that Russ is joining NASAA today,” said Patricia D. Struck, NASAA’s President and Wisconsin Securities Administrator. “Along with his evident enthusiasm for NASAA’s mission, Russ also brings us more than 30 years of experience in financial services, a wealth of good ideas, and skills in management, government relations and communications.”
Iuculano, 54, comes to NASAA from the Financial Services Forum, which is comprised of the CEOs of 20 of the nation’s largest financial institutions. At the Forum, he served as Senior Vice President and provided legislative counsel and developed strategies advancing the organization’s public policy initiatives to enhance savings and investment in the United States and ensure an open, competitive and sound financial services marketplace.
Previously, he was Vice President, Government Relations, in the Washington office of Met Life Inc., where from 1990 to 2002 he directed the company’s lobbying efforts on federal financial services and tort reform matters. He began his career in 1973 at the American Council of Life Insurers, where he held a succession of progressively more responsible positions in state legislative affairs before leaving in 1990 as Managing Counsel to join Met Life.
He holds a J.D. from the University of Baltimore; a M.A. in Legislative Affairs from George Washington University; and a B.A. in Political Science from Catholic University of America.
As Executive Director, Iuculano will work closely with NASAA members, industry and consumer groups, other regulators in Washington and Capitol Hill lawmakers. He also will oversee NASAA’s day-to-day operations.
Iuculano takes over the NASAA helm from John Lynch, who has served as Interim Executive Director in recent months. Lynch, who has been with NASAA since the corporate office relocated to Washington in 1987 and previously was a securities enforcement official in Colorado, returns to his position as the organization’s Deputy Executive Director and Controller.
The oldest international organization devoted to investor protection, NASAA was founded in 1919 and is the voice of securities agencies responsible for grass-roots investor protection and efficient capital formation. Its membership consists of the securities administrators in the 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico, Canada, and Mexico.
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