NationsBank Corp. said Bob D. Sessoms had been named president and chief operating officer of its Nations Financial Holdings Corp. subsidiary.

The appointment, effective May 15, will put Mr. Sessoms in charge of the company's major nonbank financial divisions, NationsCredit and Greyrock Capital Group.

Mr. Sessoms, 61, had previously been president of international operations at Associates Financial Services, Dallas. He also spent 28 years with C.I.T. Financial.

Nations Financial Holdings has $7.5 billion of receivables.

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