Charles Jacklin will take over as CEO of Mellon Capital Management at...

Charles Jacklin will take over as CEO of Mellon Capital Management at the end of the year. Mr. Jacklin, the current president of the firm, will succeed Thomas Loeb, who will remain chairman, according to a news release from Mellon Capital. Mr. Jacklin will keep his title as president. "This action is the result of a thoughtful succession management process that we have worked on collectively," Ronald P. O'Hanley, Mellon vice chairman and president of Mellon Institutional Asset Management, said in the release. "Tom has done a remarkable job furthering Mellon Capital's growth and worldwide reputation for consistent, risk-controlled investment performance." Mr. Loeb, who has been CEO since 1983, will work closely with Mr. Jacklin on the transition, said Joseph Ailinger, spokesman. Mellon Capital Management, one the 11 investment management firms under the Mellon Institutional Asset Management umbrella, manages $134.9 billion in global quantitative strategies.

George Jamgochian was named head of marketing and client services of FRM Research, Financial Risk Management's U.S. subsidiary, confirmed Kathleen Merrigan, spokeswoman. Mr. Jamgochian will focus on the North American market. He was head of U.S. distribution and institutional marketing at Credit Suisse Asset Management, and left the firm in December 2003, said Suzanne Fleming, CSAM spokeswoman. Since then, Mr. Jamgochian provided consulting services, Ms. Merrigan said. Carrie McCabe, CEO of FRM Research, was unavailable for comment by press time.

Lesley Nettles was named vice president of institutional business development at American Century Investments, said Brian Spano, spokesman. It is a new position. Ms. Nettles will be responsible for business development in the Northeast for corporate, public and Taft-Hartley plans, and foundations and endowments. She was director of institutional sales and client service at Bank of America. Jon Goldstein, spokesman for Bank of America, did not return calls.