NU Online News Service, July 15, 2003, 12:11 p.m. EDT – Pilgrim Baxter & Associates, Wayne, Pa., has named David Bullock president and chief operating officer.

Pilgrim Baxter serves as an investment advisor to the PBHG Funds, a unit of Old Mutual P.L.C., London.

Bullock previously was president of Transamerica Capital Inc., a unit of AEGON N.V., The Hague, Netherlands. At Transamerica, Bullock was responsible for developing and marketing variable annuities from Transamerica Life Insurance Company as well as IDEX mutual funds.

Bullock has a bachelor's degree in financial and estate planning from Brigham Young University.

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