Boston-based Liberty Financial Cos. has promoted two executives in its bank group division and assigned them to boosting sales.

Robert M. Young and Valerie Arendell were named senior vice presidents of the Boston-based investment products marketer.

Mr. Young will be responsible for developing the bank group's strategy to acquire new bank clients as well as for product development and sales incentives.

Ms. Arendell will manage the company's existing bank sales programs and its national sales force.

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