Aetna Inc. in Hartford, Conn., has hired National Westminster Bank's L. Edward Shaw Jr. to be general counsel and a member of its management group.
Mr. Shaw, 54, is to join the insurance company at the end of this month and will report to Aetna chairman and CEO Richard L. Huber.
He had been National Westminster's chief corporate officer for North America and, before that, was general counsel and then president of Natwest Markets, the British bank's U.S. investment banking arm.
He joined Natwest Markets in 1996 from Chase Manhattan Corp., where he had been general counsel for 13 years. Still earlier, he was a partner in the Milbank, Tweed, Hadley & McCloy law firm. His general practice was on international business transactions and bank regulation.