Mellon Financial Corp. has hired David J. Hanlon as a vice president of sales in its transition management services group.
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The Pittsburgh unit helps institutional investors move their assets to new managers.
Mr. Hanlon, whose hire was announced Monday, was a sales executive for DST International Inc. of London; he sold risk management services to institutional investors in North America. Before that he was a sales and client services executive for State Street Bank and Trust Co. in Boston.
Mellon Financial has $3.7 trillion of assets under management, administration, or custody, including $670 billion under management. Its asset management companies include Dreyfus Corp. and Newton Investment Management Ltd. of London.
