UPDATE 3-MOVES-RBS, State Street, UBS, Hidden River

(Adds CalPers)

June 25 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, e-mail moves@thomsonreuters.com

CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM

The Sacramento pension system named Stephen W. Kessler as deputy executive officer of operations, to oversee support areas for the system including administration, human resources, fiscal planning and information technology. Kessler has been chief deputy director of operations for the California Department of Public Health.

In addition, the system named Kathleen Hamilton as deputy executive officer of benefits. She will oversee the system's retirement programs and its healthcare programs. She has been legislative director for California Assembly member Dave Jones.

ROYAL BANK OF SCOTLAND GROUP (RBS.L)

RBS said William O'Donnell rejoined the firm as head of U.S. Treasury Strategy within its global banking and markets division. O'Donnell joins after five years at UBS, where he was most recently head of US interest rate research and strategy for the investment banking division.

STATE STREET CORP (STT.N)

State Street, which specializes in asset management and servicing, announced that it had been selected by hedge fund firm Caxton Associates LP to offer administration services for $6 billion in assets.

HIDDEN RIVER CAPITAL

Philadelphia-based investment bank and asset management firm Hidden River Capital (formerly GormanThayer) hired Saralinda Sabloff as a partner to advise privately held and family-owned businesses. She previously worked at Brown Brothers Harriman & Co. where she advised clients on sell-side and buy-side transactions across industries.

CALIFORNIA UNITED BANK (CUNB.OB)

California United Bank said Stephen Carpenter will step down as chairman of the board, and Chief Executive David Rainer has been elected the new chairman. Carpenter will continue as vice chairman.

UBS AG (UBSN.VX)

The bank said it appointed Chi-Won Yoon as chairman and CEO of Asia Pacific, succeeding Rory Tapner, who is leaving the bank after 25 years. Yoon joined UBS in 1997. [ID:nHKG249697]

RELIANCE CAPITAL (RLCP.BO)