Arthur Andersen LLP in New York has hired Carol M. Beaumier, a managing director and founding partner of Secura Group in Washington, as a partner in its own regulatory risk practice.
Ms. Beaumier will lead the banking practice in the New York metropolitan area.
At Secura she was in charge of risk management and foreign banking practices. Earlier she worked 11 years with the Office of the Comptroller of the Currency. She has 25 years of consulting and bank regulatory experience.
MIDDLE ATLANTICThe Federal Reserve Bank of New York has named T. Joseph Semrod, the president, chief executive officer, and chairman of $38 billion-asset Summit Bancorp in Princeton, N.J., to its board of directors.
UJB Financial, of which Mr. Semrod was chairman, CEO, and president, bought Summit in 1996 and assumed its name.
At the New York Fed he succeeded Richard L. Carrion, president and CEO of Banco Popular de Puerto Rico, as a class A director, filling an unexpired term that will end Dec. 31, 2001.
Banc of America Securities LLC, the investment banking arm of Charlotte, N.C.-based Bank of America Corp., has rehired Corey Pinkston as head of product development and structuring for its credit fixed-income capital markets group.His rank will be managing director. He will work out of the New York office and report to Andrew Cooley, head of global credit fixed-income capital markets origination.
Mr. Pinkston was a managing director in charge of product development for high-grade fixed income at Banc of America Securities from 1998 to 1999. He left last year to work in the capital markets group of Warburg Dillon Read, now UBS Warburg.
Before first joining Bank of America he worked at Salomon Brothers.
Allfirst Financial Inc. in Baltimore has named vice president Gary Desjardins manager of its Eastern Shore region.The Allied Irish Banks PLC unit has 11 branches on Maryland's Eastern Shore.
Mr. Desjardins was market manager for Salisbury and Ocean City, Md. He joined the company in 1989 as a management trainee. He was named manager of the Ocean City branch that year, of the Salisbury area in 1993, and of both in 1995, when he also became a vice president.
Allfirst has $17.5 billion of assets.
Prudential Securities Inc. has hired two Schroders PLC analysts to work on the energy industry in its Menlo Park, Calif., office.Michael Mayer was named a senior integrated oil analyst. He had been a Schroders oil analyst since 1985; before that he worked eight years at Mobil Oil.
Andrew Rosenfeld was hired as a senior research associate in the energy group. At Schroders he was an analyst of the basic chemicals industry.
Prudential Securities, which is based in New York, is a subsidiary of the Prudential Insurance Company of America.
Mellon Financial Corp. of Pittsburgh said Frederick Beard, the chairman, president, and CEO of its Washington, D.C., region, will retire from the company Monday.No successor has been named.
Mr. Beard, 58, is also a director of Mellon Bank's central Pennsylvania region and of Mellon Bank Canada. He had earlier been head of corporate banking, international banking, and Mellon Leasing Co. and chief executive officer of wholesale banking. He joined the company in 1964.
Bankers Trust Private Banking has hired Paul G. Holland as one of two trust officers for private banking in Connecticut.He was an associate in the trusts and estates department of the law firm of Wiggin & Dana in New Haven.
Mr. Holland will work as a fiduciary adviser to high-net-worth customers from the Greenwich office of the Deutsche Bank unit.
WESTWashington Mutual Inc. in Seattle has hired Amazon.com executive Daryl David as executive vice president of human resources.
He succeeded M. Lynn Ryder, who retired.
Mr. David was vice president of strategic growth and human resources for Amazon.com. Earlier he worked in human resources at AlliedSignal and General Mills. He has 25 years of human resources experience.
Washington Mutual has $188.6 billion of assets.