Magazine article American Banker

Executive Changes

Magazine article American Banker

Executive Changes

Article excerpt


Deutsche Bank Securities Inc. of New York has hired Gerald Lucas as a director and a senior investment adviser in its investment advisory group.

Mr. Lucas was the chief treasury and agency strategist at Banc of America Securities LLC. Before that he had worked at Merrill Lynch & Co. Inc. for 16 years, most recently as its senior government and derivatives strategist.

At the Deutsche Bank AG unit he will report to Vinay Pande, who was hired in May as the chief investment adviser for global markets research.

AIG SunAmerica Asset Management Corp. of Jersey City has made Jim Nichols the president and chief executive officer of its distribution company, AIG SunAmerica Capital Services Inc.

Mr. Nichols was the senior vice president of marketing and sales for the asset management unit of American International Group Inc. of New York.

AIG SunAmerica Asset Management has also given senior vice president and chief financial officer John Genoy the additional job of chief operating officer.


Regions Bank of Birmingham, Ala., has named new presidents for two southeast Florida counties: Gerry Litrento in Broward and Val Perez in Palm Beach.

Mr. Litrento was the commercial banking portfolio manager for both counties. He joined the Regions Financial Corp. unit in 2003. Before that he had been a commercial market executive at Bank of America.

Mr. Perez was Regions Bank's president for southwest Florida. He joined the bank in 2001 as the head of retail banking for Miami-Dade County.

Transamerica Reinsurance, a Charlotte unit of Aegon NV of the Netherlands, has hired Kenneth L. Conners as its chief underwriting officer.

Mr. Conners, who has also been named a vice president, was the vice president of underwriting at Empire General Life Assurance Corp. in Kansas City, Kan.

He has more than 30 years of experience in managing underwriting operations and developing underwriting risk programs. …

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