Magazine article American Banker

Executive Changes

Magazine article American Banker

Executive Changes

Article excerpt


John Hancock Financial Services Inc. has named James A. Shepherdson the chairman, chief executive officer, and president of its mutual funds business.

Mr. Shepherdson was the president of retirement services at the Boston company, which Manulife Financial Corp. of Toronto bought in April.

Before joining John Hancock last year he was a co-CEO of MetLife Investors Group Inc.


Commerce Bancshares Inc. of Kansas City, Mo., has hired John M. Blakeney as the chief information officer of its Commerce Bank.

Mr. Blakeney, who has also been named a senior vice president, was the CIO at INFOnxx Inc., a directory assistance provider in Bethlehem, Pa.

Commerce Bancshares has $14.5 billion of assets.

Fifth Third Bank has made Leigh G. Prop the head of retail administration for Cincinnati, where the bank is headquartered.

Ms. Prop, who remains a senior vice president at the Fifth Third Bancorp unit, was the Northeast Cincinnati manager. She joined Fifth Third in 1983 as a management trainee.

RBC Dain Rauscher Inc. in Minneapolis has named Vincent Boberski the director of fixed-income research and strategies.

He remains the senior economist for the Royal Bank of Canada unit and is based in Chicago.

Mr. Boberski joined Dain Rauscher Inc. in 1998 as a senior economist. Before that he had been a senior analyst in Chicago for the capital markets division of First Tennessee Bank.


Deutsche Bank AG has hired Russell Read as the deputy chief investment officer for the Americas at its asset management business unit in New York, which uses the brand name Deutsche Asset Management.

Mr. Read was an independent consultant.

From 2000 to 2002 he had managed global quantitative investments and research at Zurich Scudder Investments Inc., a Boston unit of Zurich Financial Services AG that Deutsche Bank later bought. …

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