In Brief: Bank of N.Y. Promotes, Shuffles Executives

Bank of New York Co. on Tuesday promoted Thomas J. Perna, Bruce W. Van Saun, and Joseph M. Velli to senior executive vice president and expanded their duties under a reorganization of business units.

Mr. Perna, 47, will head the new financial companies services group, including custody, securities lending, and unit investment trust businesses, as well as related services for institutional customers.

Mr. Van Saun, 40, who is also chief financial officer of the bank, will oversee the new market and operational risk group, which will be led by Thomas P. Gibbons, 41, who was promoted Tuesday to executive vice president.

Mr. Velli, 40, will continue to head up worldwide securities processing activities and brokerage and adds retail banking to his portfolio.

In other changes, Robert J. Mueller, 56, already a senior executive vice president, will head the bank's new asset-based lending group and regional commercial lending. Harold F. Dietz, 57, an executive vice president, was named chief credit policy officer. Leslie V. Godridge, 42, an executive vice president, will head corporate banking.

Mr. Perna, Ms. Godridge, and Mr. Mueller will report to Gerald L. Hassell, formerly senior executive vice president in charge of corporate banking who was named president of the $63 billion-asset bank last week.

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