WASHINGTON (AP) — The Financial Services Roundtable, a trade group representing 100 of the world's biggest financial companies, on Thursday named former Minnesota Gov. Tim Pawlenty its new president and CEO.
Pawlenty will take over the key lobbying post for the financial services industry on Nov. 1. He succeeds Steve Bartlett, who announced his retirement earlier this year.
In connection with the move, Pawlenty is stepping down as a national co-chair of the Romney for President campaign.
The 51-year-old Pawlenty served as governor of Minnesota from 2003-11 and chaired the National Governors Association in 2007-08.
He says in a statement that he looks to working with "decision makers from both parties on issues related to our nation's banks, insurance companies and investment firms so that they can continue to provide fuel for America's economic engine."