UPDATE 2-MOVES-Bank of America, Citadel

Thu Oct 2, 2008 2:18pm EDT
 
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(Adds Bank of America and Citadel; NEW YORK to dateline)

NEW YORK, Oct 2 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, please send an e-mail to moves@thomsonreuters.com.

BANK OF AMERICA CORP (BAC.N)

The bank said John Thain, chief executive of Merrill Lynch & Co Inc MER.N, will be president of global banking, securities, and wealth management when his company is acquired by the bank next year.

CITADEL INVESTMENT GROUP LLC

The hedge fund said it hired three former Lehman Brothers (LEHMQ.PK) executives to expand its fixed-income business.

Alex Maddox, who had been managing director of securitized products trading at Lehman, will be Citadel's head of securitized products in Europe.

Timothy Bryan Wilkinson, a former head of fixed income proprietary trading at Lehman, and John Alexander Goodridge, will join Citadel's proprietary trading group.

All will report to Patrik Edsparr who joined Citadel from JP Morgan earlier this year as the head of global fixed income and to run the hedge fund's European division.

HURON CONSULTING GROUP (HURN.O)

The financial consulting services firm appointed Mark Barnes as a managing director in its health and education consulting practice. Barnes was previously with St. Jude Children's Research Hospital.

STATE COMPENSATION INSURANCE FUND

The state fund announced five executive appointments. It named Jay Stewart as chief financial officer, Harrison Jerome as chief operating officer and Doug Stewart as chief risk officer. It also hired Rebecca Wanta as chief information officer and Carol Newman as general counsel.

WITHERS GROUP

The law firm appointed Adam Duthie as a partner in its London corporate team who will take over as head of the European corporate practice. Duthie was previously with Bevan Brittan. (Compiled by Amiteshwar Singh in Bangalore and Dan Wilchins in New York; Editing by Maureen Bavdek)

 
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