Frederick Bailey was named senior vice president and national sales...

Frederick Bailey was named senior vice president and national sales manager for the plan services unit at BNY Brokerage Inc., New York, a unit of Bank of New York. It is a new position. He had been national sales manager at Ambac Securities, New York; he wasn't replaced there. Also, Kal Bassily was named senior vice president and product manager for transition management at BNY. He replaced Elizabeth Besen, who left. Mr. Bassily ran marketing and sales of transition management for Dresdner Kleinwort Wasserstein, New York. He has not been replaced, said DKW spokeswoman Karen Laureano-Rikardsen. And Greg Trimboli was named to the new position of senior vice president in charge of transition project management, risk management and quality control. He previously was senior vice president and chief operating officer of BNY Direct Execution Inc.