BANGOR – Livada Securities, a brokerage subsidiary of Bangor Savings Bank, has been renamed Bangor Securities Inc.

Gregg Piasio of Portland has been promoted to financial and operations principal of the newly named firm.

Bangor Securities, with 20 employees, is located at 1711 Congress St. in Portland and on Maine Avenue in Bangor.

Bangor Securities is a member of the National Association of Securities Dealers and offers individual and business money management and investment services.