Carlo di Florio has been named director of the U.S. Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE), the SEC announced Monday.

Di Florio comes to the SEC from PricewaterhouseCoopers (PwC), where he was a partner in the Financial Services Regulatory Practice and one of PwC’s national leaders in corporate governance, enterprise risk management and regulatory compliance and ethics. As head of OCIE, he will oversee the SEC’s nationwide examination programs for investment advisors, broker-dealers, mutual funds, credit rating agencies and self-regulatory organizations among other entities.

“A strong inspections and examinations unit is instrumental to the SEC’s investor protection efforts. Investors rely on our examiners to ensure that their financial professionals comply with the law,” said Mary Schapiro, SEC chairwoman “Carlo brings the energy, insight, and experience necessary to ensure that we keep pace with the rapid changes in the industry and continue to build upon the reforms of the past year.”

At PwC, di Florio has played a leading role in strengthening the corporate governance, risk management and regulatory compliance practice and defining new industry standards, including the Committee of Sponsoring Organizations Enterprise Risk Management standard and the Open Compliance and Ethics Guidelines. He has extensive experience leading independent reviews and advising clients on regulatory expectations and industry leading practices across capital markets, investment management, banking and other financial services sectors and regulatory regimes.

In addition, di Florio has directed international teams and engagements across numerous jurisdictions around the world.

He received his Master of Laws (LL.M) with distinction from Georgetown University Law Center, his JD from Penn State University, and his BA in Political Economy from Tulane University.

IE