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FORMER NEW YORK GOV. DAVID PATERSON JOINS IFS SECURITIES

IFS Securities, an Atlanta-based full-service independent broker-dealer, announced today that former New York Gov. David Paterson joined the firm as Chief Strategist of U.S. Affairs and Chair of the IFS Advisory Board.

As Chief Strategist of U.S. Affairs, Gov. Paterson will help position the IFS brand throughout the U.S. and introduce IFS Securities to public companies, municipalities, pension funds and other businesses and organizations. He will also chair the IFS Advisory Board which provides advice for the Board of Directors and senior management as well as guidance for the growth of the firm.

“Gov. Paterson is a significant asset to our organization and a welcome addition to our team,” IFS Securities President and CEO Alex McKenzie said. “We look forward to his participation as an advisor to the firm,” he added.

A lifelong governmental and political figure, David Paterson was the first African American governor of the state of New York. His governmental career began in 1985 when he was elected to represent Harlem in the New York State Senate, becoming the youngest Senator in Albany at the time. In 2003, he became the first non-white legislative leader in New York's history when he was elevated to Minority Leader of the Senate. He made history again in 2004 when he became the first visually-impaired person to address the Democratic National Convention and once again in 2007 when he became New York's first African-American Lieutenant Governor. In 2008, when New York Governor Eliot Spitzer became embroiled in a scandal and resigned, Paterson succeeded to Governor. He received a B.A. in History from Columbia University and a law degree from Hofstra Law School.