People on the Move: Rich Baich, FSSCC
The Financial Services Sector Coordinating Council (FSSCC) has announced the election of Rich Baich, chief information security officer of Wells Fargo and Co., as its new chairman. Baich will succeed Russell Fitzgibbons, executive vice president and chief risk officer of The Clearing House, whose term as FSSCC chair ends on July 27, 2016.
In his role with Wells Fargo, Baich oversees the company’s security vision, strategy and programs designed to secure customer and company information. Prior to Wells Fargo, Baich was a principal at Deloitte & Touche, where he led the Global Cyber Threat and Vulnerability Management practice. Baich also has managed cybersecurity operations at Pricewaterhouse Coopers LLP and ChoicePoint. He retired with more than 20 years of military service, including his role as naval information warfare officer for the NSA and special assistant to the deputy director for the National Infrastructure Protection Center at the FBI.
Established in 2002, the mission of the FSSCC is to strengthen the resiliency of the financial services sector against attacks and other threats to the nation’s infrastructure. The organization’s 69 members consist of financial firms, financial trade associations and utilities.