Kirsten Burton was named senior sales executive, institutional sales, a new position at Advantus Capital Management, said Maggie Jensen, media relations consultant. Ms. Burton was vice president of institutional marketing at AllianceBernstein, a subsidiary of Alliance Capital Management LP. John Meyers, a spokesman for Alliance Capital, could not provide information on Ms. Burton's replacement by press time. Advantus, a unit of Securian Financial Group, manages more than $15 billion in assets.
Paul Black will join LCP Trustee Consulting, the consulting practice launched in December by U.K. actuarial firm Lane Clark & Peacock, as a partner on July 1, according to Mary McGrath, head of business development. He was head of investment consulting at Mellon Human Resources & Investor Solutions. Thomas Edwards, spokesman for Mellon, said the firm was "close to announcing" a replacement for Mr. Black, but couldn't do it yet.