NU Online News Service, Oct. 8, 2003, 4:59 p.m. EST – BISYS Group Inc., New York, has promoted Fred Naddaff to president of BISYS Fund Services.

The unit provides administrative, regulatory and marketing support services for variable annuity issuers as well as for sellers of mutual funds and separately managed accounts.

Naddaff, who previously was executive vice president of the fund services unit, succeeds James Fox, who recently was named chief financial officer of the parent company. He will work in the BISYS office in Columbus, Ohio.

Naddaff has a bachelor’s degree in finance and computer science from Northeastern University and a master’s degree in business from Suffolk University.