updated with correction
Michael Siciliano was named senior vice president and head of North American sales at Baring Asset Management, confirmed spokesman Laurie Eldridge.
Mr. Siciliano replaces David Gallagher. Mr. Eldridge had no further information on Mr. Gallagher's plans. Mr. Gallagher couldn't be reached by press time for comment.
Mr. Siciliano was director of sales at Merganser Capital Management. Merganser spokeswoman Caitlin Farrell said Mr. Siciliano's responsibilities have been absorbed by Daniel J. Brennan, a senior vice president of client development, and Nancy Clark Wilson, a senior vice president of consultant relations and client development. Mr. Brennan and Ms. Wilson joined Merganser in New York a month ago.