SEC LogoThe Securities and Exchange Commission (SEC) announced Wednesday that Andrew J. Bowden has been named deputy director of the agency’s Office of Compliance Inspections and Examinations (OCIE).

He succeeds Norm Champ, who was named in July to head the SEC’s Division of Investment Management.

Bowden joined the SEC in November 2011 as the national associate director for OCIE’s Investment Adviser/Investment Company Examination Program. He will assume his new responsibilities immediately and continue in his former role until a successor is in place, the SEC says.

“Drew is an outstanding professional with a valuable combination of technical expertise, industry perspective, and leadership and management skills,” said OCIE Director Carlo di Florio. “In his short time at the commission, he has demonstrated excellent teamwork and collaboration across the SEC and with other regulators.”

As deputy director, Bowden will work closely with di Florio on OCIE’s strategy, governance structure, risk-based exam process, training programs and technology, and will continue to co-chair OCIE’s People Committee, which focuses on training, teamwork and other performance initiatives.

Before joining the SEC, Bowden worked in private law practice, chiefly on legal, regulatory and compliance issues involving broker-dealer activities. He spent 17 years at Legg Mason in a variety of legal, compliance and senior business roles related to Legg Mason’s broker-dealer and investment management businesses and served on the board of governors and executive committee of the Investment Advisers Association.

Bowden received his law degree, cum laude, from the University of Pennsylvania Law School and his bachelor’s degree, summa cum laude, from Loyola University in Baltimore.