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AEW Capital Management

Boston investor AEW Capital Management head of research Michael Acton was awarded the Pension Real Estate Association’s Graaskamp Research Award, given to individuals who have made significant contributions to the institutional real estate investment industry through their work.

Alltrust Credit Union

Alltrust Credit Union, based in Fairhaven, has hired Alec Shumway as branch manager. He was formerly a retail trainer for Bluestone Bank.

Bay State Savings Bank

Worcester-based Bay State Savings Bank said it has hired of Courtney R.Y. Nuara as senior vice president and compliance and risk officer.

Bristol County Savings Bank

Taunton’s Bristol County Savings Bank said it had promoted Thomas Foresta to executive vice president and chief information officer.

Brookline Bank

Brookline Bank announced that it had hired Farah Ali as business banking officer covering the Boston area.

Cape Cod 5

Cape Cod 5 announced it had hired Eleanor P. Williams as general counsel.

Citizens

Rhode Island-based bank Citizens has hired Mark Valentino as head of business banking and Witt Nicholson as head of consumer strategy.

Coldwell Banker Real Estate

Coldwell Banker Real Estate announced that David DiGregorio, one of its agents in Waltham, was the residential brokerage’s top donor to St. Jude Children’s Research Hospital.

E4H Environments for Health Architecture

E4H Environments for Health Architecture said it had promoted Jeremy Bartz to president.

Federal Reserve Bank of Boston

The Federal Reserve Bank of Boston announced that board member Meghan Hughes is stepping down to join Bank of America in a position leading its enterprise workforce development strategy.

Hancock Assoc.

Danvers engineering firm Hancock Assoc. announced that project engineer Russell Tedford has passed the professional engineering exam and is now a licensed professional engineer in Massachusetts.

Ionic Development

Boston developer Ionic Development announced it hired Tamara Nikotina as an assistant project manager.

Jeanne D’Arc Credit Union

Lowell-based Jeanne D’Arc Credit Union has hired William Pagan as branch offer in its Methuen branch.

JM Electrical

Boston contractor JM Electrical said its director of finance, Craig Chisolm, was named president of the board for the New Hampshire chapter of the Construction Financial Management Association.

Kelleher & Sadowsky 

Worcester real estate firm Kelleher & Sadowsky Assoc. announced that Dan Cordeau has joined the company as an executive vice president from the the Division of Capital Asset Management and Maintenance, where he was director of leasing.

Newburyport Bank

Newburyport Bank said it promoted Elma Mandzo-Jovanovic to vice president and retail sales manager.

North Brookfield Savings Bank 

North Brookfield Savings Bank said it had hired Katherine Meyer as human resources director and Michelle Ramos as compliance officer. In addition, it said it had promoted Ann Brady as controller and treasurer.

North Shore Bank

Peabody-based North Shore Bank said it has hired Aaron Thomas as assistant vice president in its commercial lending division.

The Peabody Cos.

Braintree-based property management and real estate firm The Peabody Cos. said employee Stephanie DeWever has been awarded a New England Past President’s Scholarship by the Boston chapter of the Institute of Real Estate Management to pursue a certified property manager designation.

Pentucket Bank

Haverhill-based Pentucket Bank announced that its Vice President of Learning & Development Eric Lampedecchio was recently named as one of Salem State University’s 40 Under 40. Lampedecchio is a Salem State graduate.

Sundin Marketing 

Sherborn-based bank marketing consultancy Sundin Marketing said it has hired Kathleen Burke as its art director.