John Hancock Funds has hired William L. Braman as executive vice president and chief investment officer.Mr. Braman, who starts at Hancock in late May, will manage $30 billion of assets in mutual funds, private accounts, and retirement plans. He will report to Maureen R. Ford, vice chairman and chief executive officer of the Boston-based asset manager.

He succeeds Anne C. Hodsdon, president and chief operating officer of John Hancock's investment arm, who has served as chief investment officer on an interim basis since late 1998.

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