Another Putnam Investments executive has jumped to Liberty Financial Cos.

Colonial Group, one of Liberty's mutual fund units, last week named Joseph R. Palombo, 46, as chief administrative officer. He is responsible for all the Boston-based company's administrative functions, including the transfer agency, fund accounting, and computer systems.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.