Colin Welch has joined New York-based Financo as president and CEO. He will be based in New York and join the boutique investment bank focused on the merchandising and retail sector in September 2011.

Additionally, Financo has also appointed Karen Goodman, a managing director of the firm, as COO. The duo will work alongside Financo Chairman and founder Gilbert Harrison. Welch has previously worked at Credit Suisse, Lehman Brothers Europe and JP Morgan.

Click here for the release from Business Wire.