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UPDATE 2-MOVES-American Century, GMAC, Simpson Thacher

Fri Jun 13, 2008 11:48am EDT

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(Adds American Century Investments, GMAC Financial Services and Simpson Thacher)

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NEW YORK, June 13 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, please e-mail moves@thomsonreuters.com.

AMERICAN CENTURY INVESTMENTS

The fund management company has appointed Gregory Woodhams, Prescott LeGard, Joe Reiland and Justin Brown as portfolio managers for the $477 million American Century Fundamental Equity Fund. The appointments were made to replace the fund's previous managers, Gerard Sullivan and Rob Brookby, who were lured away by Putnam Investments. The fund in April won Lipper Inc's award in the large-cap core category for the three-year period through end-2007.

GMAC FINANCIAL SERVICES GM.N

The auto and real estate finance company named Rajinder Singh, previously head of global analytics services at Genpact, to the newly created role of risk officer. It also named Brian Gunn, previously chief risk officer at GE Money Canada, as risk officer for consumer credit.

SIMPSON THACHER & BARTLETT LLP

The law firm has hired Tristan Brown, previously a partner in the New York office of Akin Gump Strauss Hauer & Feld LLP, to join Simpson Thacher's executive compensation and employee benefits practice in its Palo Alto office.

FOX-PITT KELTON COCHRAN CARONIA WALLER

The investment bank hired equity analyst Rob Stevenson, who will be based in the New York office. Stevenson joins from Morgan Stanley (MS.N).

CENTERLINE HOLDING COMPANY (CHC.N)

The parent company of asset manager Centerline Capital named Robert Loverd, Marc Schnitzer and Thomas White to the company's board of trustees, each for a term of three years.

PEOPLES BANCORP INC (PEBO.O)

The financial products and services company announced the resignation, effective June 30, 2008, of Joseph Wesel as chairman of the board. Wesel, 79, will continue as a director of Peoples Bancorp and its unit Peoples Bank.

Richard Ferguson was named chairman of the board effective July 1.

CALIFORNIA UNITED BANK (CUNB.OB)

The bank said David Wisen joined its commercial banking group as senior vice president, regional manager for west Los Angeles. Wisen will be based in Los Angeles and joins from Mellon 1st Business Bank.

TRAVELERS COMPANIES INC (TRV.N)

The insurance company named Gabriella Nawi senior vice president, investor relations, effective July 7. Nawi will be based in New York City and joins from Lazard Asset Management.

NEW STAR INVESTMENT FUNDS LTD

The fund manager said Trevor Green will assume management of the equity portion of the New Star managed distribution fund from 16 June. Trevor joins from RCM (UK) Ltd. (Compiled by Eric Yep in Bangalore and Christian Plumb; additional reporting by Muralikumar Anantharaman)



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