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SHAWMUT ANNOUNCES EXECUTIVE VICE PRESIDENT APPOINTMENTS

 HARTFORD, Conn., AND BOSTON, June 23 /PRNewswire/ -- Shawmut National Corporation (NYSE: SNC) today appointed two executive vice presidents at its subsidiary banks, Shawmut Bank Connecticut and Shawmut Bank.
 Peter H. Conze, Jr. joins Shawmut as an executive vice president and head of a new National Banking Group. In this new position, Conze will be responsible for growing Shawmut's Corporate Banking relationships in selected markets, such as metals, mining, chemicals, and related industries. Conze joins Shawmut from Mellon Bank, where he was senior vice president and manager of Basic Industries Group, Global Corporate Banking. Prior to his tenure with Mellon, Conze worked at Bankers Trust Company in New York as vice president in the Corporate Clients Group, Global Merchant Banking. He holds an undergraduate degree from Yale University and a Bachelor of Arts in Economics and a Master of Arts in Economics from Trinity College and Cambridge University in Cambridge, England, respectively. Based in Boston, he reports to Allen W. Sanborn, vice chairman of Shawmut National Coprporation.
 Robert B. Hedges, Jr. joins Shawmut as an executive vice president in the Consumer Banking Group. In this new position, he will be responsible for the Retail Services, Retail Distribution, and Group Financial and Strategic Planning functions. He joins Shawmut from First Manhattan Consulting Group, where he was vice president. Prior to joining First Manhattan, Hedges spent nine years with The MAC Group as vice president and banking practice leader. He is a graduate of Dartmouth College and the Sloan School of Management at the Massachusetts Institute of Technology. He reports to Eileen S. Kraus, vice chairman of Shawmut National Corporation.
 Shawmut National Corporation is a $25 billion bank holding company with dual headquarters in Hartford, Connecticut and Boston, Massachusetts. Shawmut National is a leading lender to consumers and small- to medium-sized businesses in Connecticut, Massachusetts, Rhode Island, and select national markets.
 -0- 6/23/93
 /CONTACT: Robert L. Guenther 203-240-1267 or Brent S. Di Giorgio 203-240-7632, both of Shawmut National Corporation/
 (SNC)


CO: Shawmut National Corporation ST: Massachusetts IN: FIN SU: PER

CM -- NE001 -- 4842 06/23/93 08:00 EDT
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Publication:PR Newswire
Date:Jun 23, 1993
Words:348
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