Executive Changes

MIDDLE ATLANTIC

Mellon Private Asset Management in Pittsburgh has named first vice president Amy S. Millman a national business team sales officer.

Ms. Millman, who was a senior business officer, sells to nonprofit organizations that have charitable gift programs and endowments. She reports to Colleen McGuire, senior vice president and sales manager of the Mellon Financial Corp. unit's national business team.

Ms. Millman joined Mellon Private Asset Management in 1994. She has 20 years of financial services experience.


J. & W. Seligman & Co. Inc. has hired Peter M. Jones, the managing director of institutional sales and client services at Allianz AG's U.S. equity division, for the newly created post of senior vice president of institutional sales.He is in charge of new business development, marketing, and client services for endowments, foundations, and corporate pension funds. He is based in New York and reports to Rodney Smith, the managing director of the firm's institutional business.

Mr. Jones, 45, joined Allianz in 1999 after it acquired Oppenheimer Capital, where he held a similar management job.

Before that he had been the head of corporate and not-for-profit sales and client services at Invesco, where he worked for eight years. Still earlier he had held sales posts at Bear Stearns Asset Management, T. Rowe Price Associates Inc., and ASB Capital Management. He has 20 years of experience in institutional sales and client services.


FleetBoston Financial Corp. has promoted John Bahnken to president and chief operating officer of Fleet Securities Inc., securities clearing and execution firm, in New York.Mr. Bahnken had been the chief financial officer and an executive vice president of Quick & Reilly/Fleet Securities Inc., of which Fleet Securities is a subunit, since 1998, when what was then Fleet Financial Group bought Quick & Reilly.

Before that he had been Fleet's director of financial management and an executive vice president for three years. Still earlier he had been the chief financial officer of Fleet Bank of New York.

Before joining Fleet in 1991 he had been a senior vice president at Prudential Securities.


SOUTHEASTBB&T Corp. in Winston-Salem, N.C., has promoted Eric B. Housman, a private financial services manager in the Charlotte metropolitan region for the past two years, from vice president to senior vice president.

His responsibilities did not change. He is based in Charlotte and reports to Ricky Brown, president of the metro region.

Before joining BB&T in 1995, Mr. Housman had worked at Dominion Bank in Roanoke, Va., and still earlier at Signet Bank in Richmond. (First Union National Bank bought both banks in 1997.) He has 13 years of banking experience.


HSBC Bank USA of Buffalo has hired Jose M. Cruz as the senior vice president in charge of middle-market commercial lending in Florida.The bank defines "middle-market" companies as those with sales of between $20 million and $1 billion.

Mr. Cruz, who is based in Miami, held a similar position at City National Bank of Florida there. Before that he had held jobs at First Union National Bank and still earlier at First City Bancorporation of Texas in Houston.

He has worked in Florida commercial banking since 1992. He began his banking career in 1973 at Chase Manhattan Bank.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER