Webster Financial Corp. in Waterbury, Conn., has promoted Peter K. Mulligan, an executive vice president of its Webster Bank, to senior executive vice president for retail.He had been in charge of consumer and small-business banking since joining the bank in 1995. Now he will also cover insurance, investments, and consumer finance, including mortgages. He continues to work out of Webster's consumer banking headquarters in Wallingford, Conn.
Mr. Mulligan has 25 years of banking experience in the Hartford area. Before joining Webster he was director of product management, regional sales, and insurance for the consumer lending group at Bank of Boston, where he worked for two years. Earlier he was an executive vice president in the banking division of Society for Savings, which he joined in 1967. Bank of Boston bought Society in 1993.