April 28, 2003
Prudential
Steve Long has left Lincoln Financial Distributors to manage Prudential’s wirehouse sales for its annuity group.
[Ignites, April 24]
Jefferson Pilot Financial
Jefferson Pilot has chosen Carol Rando to serve as vice president of marketing and distribution operations. Formerly, Rando was chief operation officer at Citigroup/Travelers Insurance Co.
Transamerica
Heidi Hu, a fund manager at Transamerica since 1998, has been promoted to senior vice president and head of fixed income investments.
Freeman, Billings, Ramsey Group
FBR recently named Richard Hendrix as its chief investment officer. Hendrix was also elected along with J. Rock Tokel as executive officers of FBR Group.
Phoenix Investment Partners
Dan Geraci will become chief executive officer and president of Phoenix Investment Partners. Geraci is departing his previously held position as chief executive officer of Pioneer Investments after only 18 months at the helm.
[Ignites, April 23]
Welch & Forbes
After five years with David L. Babson & Co., CIO Paul Davis has left to join Welch & Forbes, an affiliate of Affiliated Managers Group.
[Fund Fire, April 22]
Bank of America
Bank of America Capital Management has tapped Craig Muari as director of consultant relations with the institutional investment strategies’ consultant relations team. Formerly, Muaria worked at Fidelity in the institutional retirement services unit.
Van Kampen Investments
Susan Crawshaw will serve as executive director, director of marketing and marketing services for Van Kampen. Before joining Van Kampen, Crawshaw served as managing director and head of retail marketing for Scudder Investments.
[Mutual Fund Market News, April 21]
Pacific Life Insurance Co.
In a round of promotions, Pacific Life has promoted Donald Downing as field vice president, Christina Sumpter as senior vice president of operations in the group insurance division; Robert Hempstead will serve as assistant vice president of valuation actuary and Reed Lloyd will be assistant vice president of advanced marketing. In addition, Eddie Tung will serve as an assistant vice president of regulatory products accounting and Daniel Johnson will be appointed assistant vice president of stop loss products. Rounding out the promotions, Peter Tseng will be the new assistant vice president on the information technology department.
