According to the SEC, the new post holderâs most recent experience was working for Goldman Sachs in its asset management division where she recently worked as the global chief investment officer.
She is expected to begin her new role as director of investment management at the SEC in February and will succeed Andrew J âBuddyâ Donohue who left the post in November.
Mary L Schapiro, SEC chairman, said: âEileen brings the agency a lifetime of experience in the asset management industry and a record of strong leadership.
âShe understands the importance of the nationâs investment management industry to the well-being of investors everywhere.â
While at Goldman, the 56 year-old was responsible for administering portfolio management teams in eight countries and worked with fundamental equity and quantitative investment strategies.
She also headed up the Goldman Sachs Foundationâs investment committee.
Previously, Ms Schapiro spent 18 years working at investment management firm Oppenheimer Capital.
By Jim Ottewill