Executive Changes

MIDDLE ATLANTIC

Citibank Agency and Trust in New York, a unit of Citigroup Inc.'s global corporate and investment bank, has hired Stuart J. Landucci to be sales manager for structured financial products.

He is to work with business development executives to implement new products, primarily mortgage and asset-backed vehicles. In addition he is to create the sales capability to offer these products to companies in target markets and countries.

Mr. Landucci was a vice president of sales and marketing in Chase Manhattan Bank's capital markets fiduciary services. Earlier he worked at Bank of America Corp. and Household Finance Corp. Mr. Landucci reports to Jeffrey Volk, managing director of Citibank Agency and Trust.


Mellon Bank in Pittsburgh has promoted Frank J. Fischer Jr. to president of its commonwealth region.He is to oversee retail financial services for consumers and small businesses as well as Mellon's 29 traditional and supermarket banking offices in Cumberland, Dauphin, Franklin, Lancaster, and York counties. In addition he is to develop collaborations among Mellon's consumer and commercial businesses in the region.

Mr. Fischer was sales manager for the region based in Philadelphia. Before that he was sales manager in the commonwealth region for five years through 1994. He joined the bank in 1984.

He reports to Ralph J. Papa, chairman of the commonwealth region and senior vice president and head of community banks for Mellon retail financial services.


MIDWESTZurich U.S. in Schaumburg, Ill., has hired Steven Magnino to be director of marketing research. He succeeded Howard Goldstein and reports to Tom Hite, executive vice president of corporate marketing.

Mr. Magnino, 43, was a vice president and Internet producer for the Web site at Bank One Corp. in Chicago for one and a half years. He has 19 years of marketing research and business development experience, including posts as vice president of marketing research and vice president of business development at First Card and director of the marketing research division at Citicorp's global payment products unit.

Zurich U.S., a member of the $375 billion-asset Zurich Financial Services Group, is a property and casualty insurance company in the multinational, middle-market, and small-business sectors. It has $10.2 billion of assets.


SOUTHEASTRegions Financial Corp. in Birmingham, Ala., has hired Bryan Jordan to be executive vice president and comptroller.

He succeeded Robert Houston, who has retired, and is to report to Richard D. Horsely, vice chairman and executive financial officer of the company. Mr. Jordan was a senior vice president at First Union Corp. in Charlotte, N.C., where he worked nine years. Before that he was a senior manager in Atlanta for New York-based KPMG Peat Marwick, where he worked seven years.

Regions Financial Corp. has $42.9 billion of assets.

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