Colin Moore was named managing director and head of active equity management at Columbia Asset Management Group, a new position. He will oversee the investment of $70 billion in assets, reporting to Roger A. Saylor, managing director in charge of equities.
Mr. Moore was CIO for global/international equities and associate director of research at Putnam Investments, where he managed $3 billion in assets and a team of 29 analysts and five portfolio managers. Laura McNamara, a Putnam spokeswoman, did not identify Mr. Moore’s replacement.
