SOURCE: National Investment Banking Association

National Investment Banking Association

July 22, 2011 12:43 ET

National Investment Banking Association Announces New Officers and Committee Appointments

ATHENS, GA--(Marketwire - Jul 22, 2011) - The National Investment Banking Association (NIBA) today announced the appointment of new Chairpersons to its Board of Directors and Committees who will provide leadership to the organization.

New Appointment of Co-Chairmen of the Board of Directors
James E. Hock of Hanover International and Erick Paulson of Paulson Investment Company have been named newly appointed Co-Chairmen of the NIBA Board of Directors.

Hock stated, "NIBA was formed for the primary purpose of assisting regional broker/dealers in the syndication of their investment banking projects and to give micro/small-cap companies a forum in which to present their story to sophisticated Wall Street professionals. NIBA continues to play a critical and necessary role in support of independent broker/dealer and micro/small-cap companies, because, as history has demonstrated, providing essential growth capital and market exposure to promising young companies help to empower them to build shareholder value, create new jobs and positively impact our nation's economy."

Committee Chair Appointments

The following are the committees and newly appointed chair people, which will report to the NIBA Board of Directors:

Committee Chairperson
Advisory Committee Michael R. Fugler, Chairman of EURO Financial Network, Inc.
Education Committee James F. Twaddell, Dir. of Corp. Finance, Investors Capital
Legal/Governmental Affairs Committee Raul Rodriguez, Esq., Rodriguez & Assoc.
Membership Committee Sheldon ("Shelly") Kraft, Founder/CEO of SNN Incorporated

Emily Foshee, Executive Director of NIBA, stated, "The recession forced the entire financial services industry to reevaluate and reinvent itself to conform to new laws, rules, regulations and attitudes. NIBA did the same and, in so doing, found within itself a new more focused and rededicated organization than before. NIBA now has some of its brightest, most experienced members leading the charge to expand our organization's national membership base, form strategic industry alliances, advocate legislation favorable to our members, and design high-powered conferences that effectively address the new dynamic in capital raising and financial services education. We're very excited about the future of NIBA and enthusiastically encourage all stakeholders in the financial services industry to consider joining us in aligning all of our mutual interests."

About National Investment Banking Association (NIBA)
NIBA is a national non-profit trade association serving and offering membership to FINRA Members including investment banking firms and boutique corporate finance firms as well as specialized investment brokerage firms. NIBA also provides valuable services to its members with its base of Associate Members, who also serve on our Board, which include institutional investors, hedge fund managers, securities attorneys, CPAs, regulatory consultants, investor and public relations firms and other domestic and international industry professionals.

Since its inception, NIBA member firms have successfully completed over 1,000 equity offerings totaling approximately $10 billion in new capital for America's finest emerging growth companies. The member firms of NIBA represent over 8,000 registered representatives with an estimated $78 billion in assets under management, and are responsible for 90% of all initial public offerings under $20 million. For more information, please visit our website You can also follow NIBA updates on Twitter @NIBAnet.

Contact Information

    Emily Foshee
    Executive Director
    Phone: 706-208-9620
    Email: Email Contact
    On Twitter: NIBAnet