Kingsbury to lead Pioneer Investments

Pioneer Investments said today Daniel Keith Kingsbury has been named as its chief executive, an insider promoted to replace Osbert Hood, who left the Boston unit of Milan's UniCredito Italiano SpA recently.
Kingsbury, 48, previously headed Pioneer's New Markets division, overseeing operations in Central Europe and Asia. The unit was Pioneer's fastest-growing division with assets rising from $470 million in 2000 to $10.9 billion as of Jan. 31, the company said.
(By Ross Kerber, Globe staff)