AT&T Global Information Solutions has named Per-Olof Loof to head the unit that sells computer products to the financial industry.
Mr. Loof's appointment is a prelude to a restructuring of the unit that is expected to be announced later in the month.
A veteran of Digital Equipment Corp. and Arthur Andersen & Co., Mr. Loof has extensive experience in selling computer products and services in Europe. He began working at AT&T last year.
In his new position, Mr. Loof will oversee the business that provides consulting services and hardware - including automated teller machines and check processing systems - to banks.
Part of his mandate involves expanding AT&T's ability to help banks manage customer relationships.
Lars Nyberg, chairman and CEO of AT&T Global Information Solutions, said Mr. Loof's "industry knowledge and customer relationships will be a big plus as we focus our resources on continuing to grow our financial business on a global basis."
Mr. Loof, a native of Sweden, has a degree in economics and business from the Stockholm School of Economics.