LONDON - Dresdner Bank said Thursday that it has promoted Alan Yarrow to vice chairman of its investment banking arm, Dresdner Kleinwort Benson.Mr. Yarrow, formerly the head of global equities, will focus on building relationships with the German bank's institutional clients from his base in London. Conor Killeen, global head of equity capital markets, and Martin Korbmacher, co-head of global equities in Frankfurt, will assume responsibility for global equities at the start of 2000.

Last month Dresdner announced it was spinning off the unit as a separate legal entity to build its capital markets and investment banking operations.

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