American Century Investments of Kansas City, Mo. has named Robert C. Puff, Jr., 55, to the newly created post of chairman of the firm's investment management division. Puff, who has been president and chief investment officer, will assume his new role July 1.

Puff has been with American Century for 18 years. He will be moving from Kansas City to the East Coast and will be reducing his involvement in day-to-day operations. In his new role as chairman, he will focus on overall investment business strategy and the development of American Century's investment management teams, the company said.

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