Coopers & Lybrand International, New York, has named Rocco J. Maggiotto chairman of the international financial services group. He succeeds Richard Breeden, who left to form his own company.

Mr. Maggiotto, who joined the firm in 1990, was chairman of the national banking practice of Coopers & Lybrand Consulting. He is succeeded by Christopher M. Formant, a partner and global leader of retail distribution at Coopers & Lybrand Consulting.

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