Putnam Investments' chief executive officer says the rehiring of a leader for its institutional sales division last week is another step in the right direction for the Boston fund company's turnaround from its regulatory scandals.

Sandra D. Whiston "knows everything we have been through, and for someone of her stature to come back indicates that there are positive things at Putnam," said Putnam President and CEO Ed Haldeman in an interview Thursday.

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