Christopher M. Condron is somewhat of an anomaly in the banking industry: a top executive with little experience in traditional banking.

Known to many by his nickname, Kip, the 51-year-old Mr. Condron spent most of his career in personal asset management and investment planning. He was head of the private-client group at the Boston Co. when Mellon Bank Corp. bought it in 1993, and he took over as chief executive of Mellon's mutual fund unit, the Dreyfus Corp., in 1995.

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