The president of the insurance subsidiary of First Bank System Inc. has resigned to take an executive position with a company that helps banks run their insurance programs.

Michael P. Moran, who came to the Minneapolis-based bank in 1994, has joined PAS Financial Group Inc., Dallas, as president. Part of Mr. Moran's job will be to help the company, which has 1,200 community bank and credit union clients, acquire large bank clients.

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