LPL Financial, the independent broker-dealer unit of LPL Financial Holdings, has appointed Donie Lochan as executive vice president of its business technology services unit.

Based in San Diego, CA, Lochan will report to Victor Fetter, who last month joined LPL as chief investment officer and managing director of the business technology unit.

In his new role, Lochan will work on risk management, audit compliance, business continuity and disaster recovery planning, and information security. LPL said he will also play a key role in shaping and implementing its roadmap for technological expansion.

Lochan has over 21 years of experience in business technology and financial services. He joins LPL from Bain & Company, where he was a partner within the global financial services practice. Prior to that, Lochan was a vice president and partner at Ernst & Young, serving as the global head of its wealth management practice.

LPL Financial and its affiliates have some 2,900 employees with primary offices in Boston, MA, Charlotte, NC, and San Diego, CA.