PITTSBURGH Mellon Financial Corp. on Wednesday named two additional vice chairmen, Stephen Canter and Ronald OHanley, raising the profile of its money management operations.
Mr. Canter is chairman and chief executive officer of Dreyfus Corp., the companys mutual fund organization. Mr. OHanley is president of Mellon Institutional Management, a unit that oversees all of Mellons institutional investment management activities. Both executives were also recently named to Mellons seven-member executive management committee, the banking companys most senior executive rung. Mellon now has five vice chairmen.
The appointments come one month after the departure of Mellon president Christopher Kip Condron, who accepted a job as chief executive of Axa Financial, the U.S. division of the French insurance giant Axa. Mellon said it does not plan to replace Mr. Condron.