Edythe "Dede" McClatchy Pahl was named executive director of the Investment Management Consultant Association, effective today, confirmed Kaaren Dean, director of marketing and communications. Ms. Pahl replaces Lee Zimmerman, who left in December to pursue a new job in the non-profit sector, Ms. Dean said. Ms. Pahl was a consultant for the American National Standards Institute.
Vlad Portnoy was named senior vice president of quantitative strategies at Jefferies & Co. Inc., a new position, confirmed spokesman Tom Tarrant. In addition, the firm hired financial engineers Valeri Smelyansky, Branko Stojkovic and Victor Miller. All four, who will develop Jefferies' electronic trading services, came from Banc of America Securities. Mr. Portnoy was replaced as head of quantitative strategies by Robert Almgren, who joined Banc of America Securities last year from the University of Toronto, according to bank spokeswoman Melissa Fox. She added that the firm has "hired many new associates in equities over the past year and will continue that trend in 2006."