Neal E. Arnold was appointed CFO of Fifth Third Bancorp, replacing P. Michael Brumm, executive vice president. Mr. Arnold will assume CFO duties in addition to his current position of treasurer. He will oversee investment portfolio management, funding, asset liability management and institutional investment sales. Mr. Brumm is assuming responsibility for corporate development, which includes mergers, aquisitions and alliances.
Larry Jones was appointed executive vice president-senior portfolio manager with The Kenwood Group Inc., a new position. Mr. Jones formerly was CIO and equity portfolio manager for WR Lazard & Co., and also chaired the firm's investment policy committee. He left the firm last year