AllianceBernstein Promotes New Head of DC Business Development

AllianceBernstein Institutional Investments announced Tuesday that Sharon French has been named as managing director of defined contribution business development and client relations.

French will be responsible for broadening AllianceBernstein’s defined contribution sales efforts and will report to Richard Davies, the senior managing director for Institutional Defined Contribution Services, according to a press release from the company.

She will also work with institutional plan advisers serving AllianceBernstein’s clients.

French has spent the last five years as managing director of the Western Division of AllianceBernstein’s retail organization, where she oversaw 15 regional managers and product specialists distributing investment services through financial advisers.

Prior to joining AllianceBernstein in 2001, French headed global sales for mPower, an early provider of 401(k) plan investment advice. Before that, she spent 10 years at Smith Barney, where she developed a corporate services group to work with institutional investment banking clients.