UPDATE 3-MOVES-Lehman Brothers Ontario Teachers' First National

(Adds Lehman Brothers, Ontario Teachers'Pension Plan, First National Bank)

Nov 20 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, please e-mail moves@thomsonreuters.com.

LEHMAN BROTHERS HOLDINGS, INC. (LEHMQ.PK),

Bryan Marsal will take over as Chief Executive of Lehman Brother's Holdings, Inc at close of business December 31, 2008 according to court testimony by Harvey Miller, an attorney representing the firm.

At a U.S. bankruptcy court hearing in Manhattan today, Miller said the firm's board of directors had approved the appointment. Marsal, who is currently the chief restructuring officer of the firm, will replace Richard Fuld as company CEO.

ONTARIO TEACHERS' PENSION PLAN

Neil Petroff has been named Executive Vice-President, Investments and Chief Investment Officer of the Toronto-based Ontario Teachers' Pension Plan (Teachers'), replacing the retiring Robert Bertram, effective by year's end. He is currently group senior vice-president of investments. Prior to joining Teachers' in 1990, Bertram spent 18 years at Telus Corporation, formerly Alberta Government Telephone.

FIRST NATIONAL BANK (WTNY.O) David B. Yates has been named Senior Vice President, Corporate Strategies Coordinator at the Hermitage, Pa-based First National Bank. Yates is also tapped to lead the bank's private banking business segment. He will report to Vincent J. Delie, Jr., president of the banking group.

FIRST HORIZON NATIONAL CORP (FHN.N)

First Horizon National Corp has named William Losch III as the firm's new chief financial officer. Losch III was recruited away from Wachovia Corp and will begin his appointment at First Horizon January 1, 2009.

LATHAM & WATKINS, LLP

International law firm Latham & Watkins LLP has announced the appointments of Kathleen Walsh and Andrea Schwartzman to the firm's New York office as partners in the Corporate Department and Alan Van Dyke to the firm's Chicago office as a partner in the Tax Department. All three attorneys were previously partners at Mayer Brown, LLP. Walsh and Schwartzman were co-leaders of Mayer Brown's Private Investment Fund Practice Group. Van Dyke served as co-head of Mayer Brown's transactional tax practice from 1996 to 2004.

FIDELITY INVESTMENTS

Boston-based Fidelity Investments has named Michael Durbin as president of its institutional wealth services division, which provides trading, custody and brokerage services to more than 3,500 registered investment advisers, trust institutions and third-party administrators.

Durbin joins the firm after 18 years with Morgan Stanley of New York, where he served most recently as chief operating officer of the national sales division of its global wealth management group.

KOHLBERG KRAVIS ROBERTS & CO (KKR) [KKR.UL]