Webster Financial Corp Names Executive

NEW ENGLAND

Webster Financial Corp. in Waterbury, Conn., has hired First Maryland executive R. David Rosato as treasurer.

Mr. Rosato was First National Bank of Maryland's asset/liability manager. He joined the Baltimore bank in 1985 as a bond portfolio manager and later ran its wholesale funding desk. He was promoted to senior vice president-his new rank at Webster too-in 1995.

As Webster's treasurer he succeeded John Brennan, who remains chief financial officer and an executive vice president of the $8.8 billion-asset thrift holding company.

At First National of Maryland, meanwhile, vice president Dennis Webb succeeded Mr. Rosato as asset/liability manager. The bank's holding company, First Maryland Bancorp, is owned by Allied Irish Banks Ltd.

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