Marie E. Connolly has become chief executive officer of Funds Distributor Inc., a Boston-based mutual fund distributor.
Before her promotion, Ms. Connolly was FDI's president and chief operating officer.
In that capacity she was responsible for all mutual fund distribution services provided to the company's clients.
FDI, which is a subsidiary of Boston Institutional Group, specializes in providing asset gathering services for bank proprietary mutual fund families. The company also offers expertise in developing business, marketing, and sales plans for banks.