Scott Warrender Named Head of Energy & Power Investment Banking

HOUSTON – Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company (NYSE: WFC), announced today that Scott Warrender has been appointed head of the Energy & Power Investment Banking group, effective immediately. He steps into the role after James Kipp, a 25-year veteran of the bank who joined at the inception of the group, transitioned into the role of vice chairman in Investment Banking & Capital Markets.

“The E&P Investment Banking group has led many recent marquee transactions, including advising industry leaders such as TransCanada, DTE, Apache and Anadarko,” stated Rob Engel, co-head of Wells Fargo Securities. “Leveraging the expertise of our E&P Group as well as our reputation as a leading capital provider to the industry for over 40 years, Scott will continue driving our success while raising our visibility and profile with clients.”

Warrender, who is based in Houston, joined Wells Fargo in 2012 after nearly 14 years at Bank of America Merrill Lynch. He has more than 20 years of investment banking experience and has executed a large number of energy mergers and acquisitions and capital markets transactions for clients including Baker Hughes, ConocoPhillips, National Oilwell Varco and Weatherford. Warrender graduated first in his class from Fairfield University with a Bachelor of Science in Finance.

In addition, the Acquisitions & Divestures (A&D) team, a part of the E&P investment banking practice that reported solely to Kipp, will now dually report to Hugh Babowal, head of Energy & Power M&A, and Warrender. The A&D group has similarly executed a variety of high-profile recent transactions, including the sale of Conoco Phillips’ San Juan Basin assets and Anadarko’s East Texas Assets. 

Wells Fargo Securities delivers a comprehensive set of capital markets and advisory products and services, including public debt and equity origination and distribution, investment research, interest rate, commodity and equity risk hedging, mergers and acquisitions advice, prime services, structured lending facilities, foreign exchange services, and municipal bond origination. Wells Fargo Securities consists of nearly 5,000 team members in more than 40 offices across North America, Europe and Asia.

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 271,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.