Prior to Deloitte and Touche, Baich served in several executive security positions within the public and private sectors, including Pricewaterhouse Coopers, ChoicePoint, and the Federal Bureau of Investigation.

According to Wells Fargo, Baich will join the company late summer this year and will spearhead the firm’s vision, strategy, and programs designed to secure customer and company information.

Wells Fargo of enterprise technology services, technology and operations executive vice president and head Martin Davis said the firm was fortunate to be able to add Rich’s expertise to its team to carry the firm forward in the management of information security with an emphasis on safeguarding customer and company information.

"Our IT systems, products and services play a critical role in the customer experience. Rich’s exceptional skills and leadership are an excellent fit for Wells Fargo," Davis added.

Baich had worked with the US Navy for 20 years as an information warfare officer, cryptology officer, and surface warfare officer.

Wells Fargo & Company has $1.3 trillion in assets, and provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs.