Comerica Bank, a subsidiary of Dallas, Texas-based financial services company Comerica Inc. (CMA: Quote) said it appointed Dennis Johnson to the Comerica Asset Management Group in the newly created position of Senior Vice President and Chief Market Strategist. Johnson would report to David Skolnik, president of Comerica Asset Management, and would be responsible for developing investment strategies for Comerica's high net worth and institutional clients.
As co-manager of Comerica Asset Management Group's Investment Policy Committee, Johnson would be responsible for analyzing the markets and determining the appropriate asset allocation targets for Comerica's investment professionals. He would also serve as the Group's primary spokesperson in national media on investment philosophy, asset allocation, market sector analysis and other market matters and would be based in the Birmingham, Michigan office of the Comerica Asset Management Group.
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by RTT Staff Writer
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