PEOPLE - FINANCIAL

PEOPLE - FINANCIAL

NATIONAL ASSOCIATION OF SECURITIES DEALERS (Burlingame, Calif.) - Steve Hickman was named regional director of the NASD's new Western regional office.

He was a NASDAQ company services regional manager.PAINE WEBBER INC. (New York) - Joseph Grano Jr. was named president of retail sales and marketing. He will also serve as a director and a member of the executive committee.

He was senior vice president and director of national sales for consumer markets at Merrill Lynch & Co.

In his new role, Mr. Grano will have primary responsibility for PaineWebber's entireretail sales business, including product marketing and development and overall management of the firm's sales force, which consists of more than 4,100 investment executives in 283 offices nationwide.