Securities and Exchange Commission (SEC)
deputy chief of staff Kayla Gillan has joined PwC US.
Gillan has been hired as a principal to the
newly created regulatory relations group, which is part of the
firm’s assurance practice.
At the SEC for three years, Gillian worked on
creating the regulators Investor Advisory Committee, facilitating
field hearings on the state of the municipal securities market and
co-ordinating the SEC’s implementation of the Dodd-Frank Wall
Street Reform and Consumer Protection Act.
Prior to this, Gillan was a founding board
member of the Public Company Accounting Oversight Board, where she
spent four years.
PwC US chairman and senior partner Bob Moritz
said as investors deal with more demands for timely and relevant
high quality information, the firm is accelerating its audit
quality initiatives to better serve stakeholders.
“Kayla Gillan is an example of making the
investment to drive this transformation,” Moritz added.
SEC chairman Mary Schapiro has appointed James
Burns as Gillan’s replacement.
Burns has been working at the SEC since 2010,
focusing the division of trading and markets.
Schapiro said Burns has “a deep understanding
of the workings of the commission and has played an instrumental
role in the implementation of the financial reform legislation”.