UBS Warburg in New York has hired Steven L. Ossad as a senior telecom software and services analyst.
He was also named an executive director.
Mr. Ossad, who will report to Raul Esquivel, director of research, was a senior business process-outsourcing analyst at Donaldson, Lufkin & Jenrette Inc. Before that he had been the electronics manufacturing service analyst at UBS Securities.
He has 20 years of telecom software and services experience, including senior research positions at Genesis Merchant Group in San Francisco, Cowen & Co. in New York, Montgomery Securities in San Francisco, County Natwest Securities in New York, and Sanford C. Bernstein & Co. in New York.
UBS Warburg is a subsidiary of the Swiss UBS AG.
SOUTHEASTMellon Financial Corp. in Pittsburgh has promoted Craig R. Sutherland to national director of portfolio management and client service for its Mellon Private Asset Management.
He had been the president of the units Florida operations since joining the company in 1999. He remains chairman of Mellon Private Trust Co. and a director of Mellon United National Bank.
Mr. Sutherland came to Mellon from New York-based Sanford C. Bernstein & Co., for which he had worked in Miami as a vice president and financial adviser. Before that he had been a senior vice president and the director of investment management and trust at Northern Trust Bank of Florida. He has 20 years of financial services experience.
To succeed Mr. Sutherland in the Florida post Mellon has hired Charles E. Porter. He also came from Sanford C. Bernstein, whose private client practice he helped to build and manage.
Mr. Porter, who reports to Mr. Sutherland, has 17 years of financial services experience. He had come to Bernstein from Bank of America, where he had been a senior vice president. Earlier he had been a vice president at Intercontinental Bank.
WESTThe Federal Home Loan Bank of Seattle has given vice presidential rank to Robin K. McManus, its chief information officer, and to Gregory L. Teare, the director of its mortgage purchase program.
Their responsibilities did not change, and both report to Cindy Chirot, chief operating officer.
Before joining the bank last year Ms. McManus had been the director of information technology at Puget Sound Blood Center in Seattle, her employer for five years.
Mr. Teare, who came aboard in April, had been the president and chief executive officer of Phoenix Capital Markets LLC in Denver. He has 20 years of mortgage industry experience.
National City Corp. in Cleveland has hired John Casey, Natalie Lawson, and Christine Vermilyea as wholesale account executives in its home equity unit.They are responsible for providing home equity loans and lines of credit to mortgage brokers in their respective areas and report to Tony Hudson, Western regional sales manager for the home equity unit.
Mr. Casey serves the East Bay area in Northern California. He was an account executive covering Virginia at Chase Home Equity. He has eight years of wholesale mortgage experience.
Ms. Lawson serves Phoenix, Scottsdale, and Tempe, Ariz. She was an account executive at Downey Savings and Loan in Newport Beach, Calif. She has five years of wholesale mortgage experience, including jobs at Homecomings Financial Network and Fleet Mortgage Inc.
Ms. Vermilyea serves Colorado. She was a wholesale account executive at Western Sunrise Mortgage. She has 15 years of wholesale mortgage experience.