Hugh Babowal is New Managing Director at Wachovia Securities

CHARLOTTE, NC – Hugh D. Babowal has been appointed as managing director supporting Wachovia Securities’ mergers and acquisitions efforts in the Energy and Power industry.

“We are excited to have Hugh join our firm,” said Engel. “He brings tremendous knowledge of the energy and power industry and a proven track record of creating value for his clients through expert financial advice and creative, thoughtful ideas.”

Babowal holds a Master of Business Administration with Distinction from University of Western Ontario and is a 1990 graduate of the University of Alberta.