Putnam Investments said it has hired Deirdre Phillips to be a senior vice president and director of government relations.
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She is to be responsible for building and maintaining relationships with key public officials and for working on legislation and regulatory matters, the company said on Thursday. Her job is a newly created post.
Ms. Phillips had been director of federal government relations at FleetBoston Financial Corp. since 1999; FleetBoston was bought by Bank of America last spring. Previously, she had represented BankBoston Corp. to government officials since 1984.
At Sept. 30 Putnam managed $209 billion of assets in about 11 million individual shareholder accounts and 500 institutional accounts.
