LPL Adds EVP of Business Technology Services

Lochan will lead BTS’ risk management, audit compliance, business continuity, disaster recovery planning and information security. He will also shape and implement the company’s comprehensive roadmap for expanding its technological capabilities.

Lochan will be based in San Diego and report to Victor Fetter, who recently joined the company as chief information officer and managing director of BTS.

Lochan has more than 21 years of experience in business technology and financial services. He previously worked for Bain & Company where, as a partner in its global financial services practice, he was the regional leader of the Asia Pacific IT Services unit, and developed growth and transformational strategies and solutions for financial institutions.

Before Bain, Lochan was a vice president and partner at Ernst & Young, where he served as the global head of its wealth management practice and helped leading companies in North America, Europe and Asia to increase their profits and reduce costs by aligning their investments in business and technology.

Lochan received his bachlor’s degree in mathematics/statistics and computing with first class honors from the University of Greenwich/Kings College, England, in 1990, where he received the IBM award for outstanding academic achievement.