FleetBoston Financial Group has hired Roger A. Sayler as a managing director in its asset management group.
His job is to concentrate on strategic planning and building a structured equity capability for enhanced index and related products. He reports to Keith Banks, chief investment officer.
Mr. Sayler was president and chief executive officer of Vantage Investment Advisors, a firm specializing in systematic approaches to U.S. equity management for institutional and high-net-worth clients. Earlier he had worked for 20 years at J.P. Morgan Investment Management, where he began his career as a quantitative research analyst and held jobs as an institutional portfolio manager, the head of structured equity products, and the head of the global mutual fund division.
MIDDLE ATLANTICDime Savings Bank of New York has promoted Thomas J. Ducca to chief marketing officer and hired Michael A. Gallagher as chief information officer and James M. Mack as chief credit and risk management officer.
All three, who were also named executive vice presidents, report to Lawrence J. Toal, CEO.
Mr. Ducca, who had been the bank's chief information officer since 1998, will be in charge of advertising and promotion, brand management, public relations, market research and customer behavior, and direct-response activities. He had come to Dime from Perot Systems Inc., where he worked a senior technology and marketing consultant in New York. Earlier he held senior level jobs at Chase Manhattan Bank.
Mr. Gallagher, who succeeded Mr. Ducca as CIO, was a senior vice president and the head of North American operations and technology at Citibank. Before that he had been the Northern New Jersey president of First Union Corp., which he joined in 1998 when it bought First Fidelity Bancorp of Newark, N.J., of which he had been the executive vice president of operations and technology.
Mr. Mack, who was also named chairman of the bank's risk management committee, was the CEO of Farmers and Merchants National Bank of Bridgeton in New Jersey for two years. Before that he was president of Cross County Bank in Wilmington, Del.Dime Savings, a subsidiary of Dime Bancorp, has $25 billion of assets.
SOUTHEASTComerica Inc. in Detroit has hired Carol A. Molnar as a vice president and Community Reinvestment Act manager for Florida.
She is in charge of ensuring CRA compliance directly or through partnerships with community organizations and originating Small-business loans.
Ms. Molnar was a community development officer and risk management officer in Palm Beach for Chase Manhattan Private Bank NA, her employer for six years. She has 25 years of financial services experience.
Fleet Mortgage Group in Columbia, S.C. has hired Herbert M. Moses as an assistant vice president and account executive in its newly created renovation lending unit.Mr. Moses was in charge of the development of renovation lending products at Fannie Mae, where he worked for eight years. He had also been a Fannie Mae consultant to Ghana, establishing a secondary mortgage market and training mortgage bankers there.
He has 10 years of mortgage banking experience.
WESTVisa International in San Francisco has hired Guy Rounsaville as general counsel and an executive vice president.
Mr. Rounsavile was co-managing partner of the San Francisco law firm of Allen Matkins Gamble & Mallory LLP, whose corporate department he led. Earlier he was general counsel and corporate secretary at Wells Fargo Bank, where he worked for 21 years.
National City Corp. in Cleveland has promoted MaryEllen Waldron, who is in charge of administration and client service for Kentucky and southern Ohio, to senior vice president.Her responsibilities do not change.
Ms. Waldron joined National City in 1990 as the manager of sales and client service in the cash management department. Before that she had held retail banking jobs at Gem Savings Association in Dayton, Ohio; National City acquired Gem in 1991.