Bankers Trust Australia Ltd. has named Tony MacNab as non- executive chairman of BT Alex. Brown Australia Ltd. BT Alex. Brown is the equities and finance business formed after Bankers Trust Corp. merged with U.S. investment bank Alex. Brown & Sons in 1997.

Mr. MacNab has been a stockbroker for 25 years, most recently as chief executive of Melbourne-based First Pacific Stockbrokers. His new job will keep him in Melbourne.

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