Sally Dungan was hired as investment officer for public markets at the $8 billion Massachusetts State Teachers' and Employees Retirement System, Boston. She replaces Collette Chilton, who became the fund's chief investment officer earlier this summer. Ms. Dungan left the Boston office of Lehman Brothers for her new post.
Deidra McLaughlin has taken over as treasurer of the $750 million Educational Employees' Supplementary Retirement System of Fairfax County, Va., following the retirement of Jane Schmiedekamp. Ms. McLaughlin was a manager in the budget office of the Fairfax County School system, where she has been replaced by Mario Chiavo, who was a budget analyst in the same office.
State Street Bank and Trust Co., Boston, has named Chris A. Hynes to head its new personal trust and investment management division.
He will be responsible for new business generation and investment strategies for the new division, which manages $7 billion in assets for individuals, small businesses and charities.
Mr. Hynes will retain his position as managing director of State Street Global Advisors and president of State Street Brokerage Services.
Robert G. Morris was named a partner at Lord, Abbett & Co., New York. He is the firm's director of equity investments. Mr. Morris, who joined the firm in 1991, is in charge of identifying investment opportunities for both institutional and mutual fund portfolios.
Julian P. "Bing" Carlin will retire as portfolio manager of the $542 million IAI Regional Fund at the end of the year. The fund is sponsored by Investment Advisers Inc. Mark G. Hoonsbeen, who co-manages the fund, will assume sole management.
Ian Hogg, managing director in charge of Edinburgh-based The WM Co.'s technology project, has left the company for personal reasons, said Stewart Crawford, managing director. Mr. Hogg's duties in overseeing WM 2000 - its technology project to integrate systems for both pension funds and money managers - have been taken over by Patrick Harkin, a WM director who already had major involvement in the area.
Mr. Hogg was unavailable for comment.
Tim Hodgson will join Sedgwick Nobles Lowndes, Croydon, England, as a senior investment consultant Nov. 20. Previously, he was director of consulting at Stamford Associates (UK) Ltd., London. His duties at Stamford have been spread among others, including Andrew Downes, who has been promoted to senior analyst and is responsible for Stamford's monitoring.
Rosemary Howard has become associate director of marketing at Nikko Capital Management (UK) Ltd., London. She is responsible for marketing NICAM's Japanese and Pacific Basin specialist products as well as mutual funds in Europe.
She took over from Susan Muncey, who left to start an executive recruitment firm. Previously, Ms. Howard was a marketer at INVESCO Asset Management Ltd., London, where she was not replaced.
