People News: Moves at Man Group, Lazard, SEC, Merrill Lynch and Bank of America

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Lazard hired Bill White, a former deputy secretary of the energy department, as the chairman of its Houston office. [DealBook]

Peter Sauer, a former BofA executive who was captain of the Stanford University basketball team that reached the Final Four in 1998, died while playing in a weekend pickup game at age 35. [Bloomberg]

Richard Ward is leaving Merrill Lynch after more than three decades to join Stifel Nicolaus as first vice president/investments in the Irvine Spectrum, Calif. office. [On Wall Street]

The SEC hired former hedge fund executive Norm Champ as head of its investment management division. [Hedge Fund Net]

The SEC named Paula Drake as associate director of compliance inspections and examinations. She was previously with Oechsle International Advisors. [On Wall Street]

Hedge fund administrator HedgeServ welcomes Bill Kelly as head of sales. [Hedge Fund Net]

Man Group hired former West Midlands pension fund CIO Judy Saunders as senior advisor for its UK institutional team. [Investment Europe]