David Krein was named senior director, institutional markets, at Dow Jones Indexes, confirmed spokeswoman Naomi Kim. Mr. Krein replaced Ronnee Ades, who joined FTSE Group as head of the alternatives business unit. Mr. Krein will have global responsibility for institutional markets with a focus on research and development, Ms. Kim said. Mr. Krein previously was president of DTB Capital, a financial services firm he founded in 2006.
DTB Capital will be closed to new business, and Mr. Krein will service outstanding obligations, Ms. Kim said.