Paul Jablansky, the head of structured products at fixed-income manager Western Asset Management Co., has left the unit of Legg Mason Inc. (LM), Bloomberg reports.
He will be replaced on an interim basis by Dennis McNamara in overseeing a team of 10 focused on U.S. home-loan bonds without government backing, commercial-mortgage securities and asset-backed securities, said Mary Athridge, a spokeswoman for Legg Mason.