TIAA-CREF managing director Sanjeev Handa has taken over mortgage-related ABS senior portfolio management responsibilities. Handa replaces the well-known MD John Cerra, who now heads TIAA's general fixed-income total return fund, which is benchmarked to the Lehman Index.
Paul Jablansky recently began as a trader and asset manager at Banc of America Securities' New York office, where he will focus primarily on principal finance purchases and repackaging. Jablansky leaves a portfolio management position at Travelers Investment Management, which he had held since 2000. At BofA, Jablansky reports to Chris Hentemann, managing director and head of ABS/MBS trading, based in the Charlotte office. Prior to his position at Travelers, Jablansky headed Salomon Smith Barney's asset-backed and mortgage credit group for seven years.