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ROBERT CALLAHAN NAMED TO HEAD CAPITOLINE

 ROBERT CALLAHAN NAMED TO HEAD CAPITOLINE
 RICHMOND, Va., Feb. 19 /PRNewswire/ -- Crestar Financial Corporation


(NASDAQ-NMS: CRFC) announced today that Robert V. Callahan will assume the duties of President and Chief Investment Officer of Capitoline Investment Services, Inc., Crestar's investment management subsidiary.
 Callahan succeeds Charles H. Montford, who has resigned.
 Callahan, who began his investment career in 1970, comes to Capitoline from NationsBank, where he currently serves as Executive Vice President of the Investment Management Group, based in Charlotte. He previously served as Chief Investment Officer for C&S/Sovran and, prior to that, was Chief Investment Officer for Sovran Bank, based in Richmond.
 Callahan holds a degree in Economics and an MBA from Michigan State University, and completed his CFA in 1977.
 Capitoline provides investment management services to corporations, foundations, endowments, municipalities and individuals, and currently manages more than $7.5 billion in assets.
 -0- 2/19/92
 /CONTACT: Barry Koling, Corporate Communications, Crestar Financial Corporation, 804-782-7845/
 (CRFC) CO: Crestar Financial Corporation ST: Virginia IN: FIN SU: PER


JZ -- CH006 -- 0624 02/19/92 16:31 EST
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Publication:PR Newswire
Date:Feb 19, 1992
Words:177
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