Wells Fargo Securities announced that Stratford Shields, a veteran public finance and capital markets leader, has been named managing director and head of Public Finance, effective immediately. Based in New York City, Shields now oversees a national team of professionals responsible for originating and structuring capital markets products and services for municipal and nonprofit clients. He reports to Phil Smith, head of Government & Institutional Banking

 “Wells Fargo has a proven leader in Stratford,” said Smith, noting Shields is a former Municipal Division chair of the Securities Industry Financial Markets Association (SIFMA). “He brings to our firm an accomplished record of building strong investment banking practices and teams. We are excited to have Stratford on board to lead our team as we continue to partner with other Wells Fargo businesses to meet our clients’ capital markets needs.”

Shields is also known for building client relationships through leadership and deal execution, Smith added. “Having held several senior roles early in his career for the State of Ohio, he brings a valuable client perspective to our Wells Fargo team,” Smith said.

Shields earned his bachelor’s degree from The Ohio State University, a master’s from Columbia University, and an MBA from Columbia Business School.