BankBoston Corp. has hired Kristine A. Kasselman as a managing director in its energy and utilities group.
Ms. Kasselman will be responsible for business development, credit analysis, and relationship management for one of the bank's largest industry groups.
She will also direct an energy team that lends to independent petroleum refiners, natural gas gathering and processing companies, and both wholesale and retail distributors of petroleum products and natural gas.
She joins BankBoston from Union Bank of California, Los Angeles, where she was a senior underwriter. She will be based in Boston and report to Tom O'Leary, head of the energy and utilities division.