Fidelity Investments has shuffled the management in its division that serves banks.

Michael Kellogg, 37, has been promoted to executive vice president for strategic marketing, overseeing development and promotion of new products to banks, brokerages, and insurance companies.

He fills a post left vacant in November by David Liebrock, who now heads the Boston-based fund company's new Public Sector Services Co.

Mr. Kellogg said he will be involved in upgrading technology for asset allocation programs in bank trust departments, among other projects.

Before taking the assignment, Mr. Kellogg spent six months as a senior vice president, focusing on large-bank trust departments. That post has not yet been filled.

He joined Fidelity after a two-year stint running the trust department at Colorado National Bank, a unit of First Bank System, Minneapolis. Altogether, he spent nine years as a trust officer for the parent company.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.