NEW ENGLAND
The Hartford has announced that three executives - David Robb, Raymond Sprague, and Richard Collier - will fill newly created posts in its business units next month.
Mr. Robb, 53, an executive vice president, will become the head of its Heritage Holdings Group, which owns and manages all of The Hartford's discontinued property/casualty policies. He will continue to oversee the $165.5 billion-asset company's reinsurance, catastrophe management, and corporate risk management operations, as he has done since 1998.
He joined The Hartford in 1976 as a legislative attorney.
Mr. Sprague, 43, a senior vice president, will become an executive vice president and the head of HartRe, the company's reinsurance unit. He will relinquish the job he has had since 1998, running Hartford Specialty's risk management division since 1998. Before that he had been the staff assistant to Hartford Specialty's chairman.
He joined the company in 1985 as a director in the specialty excess unit.
Mr. Collier, 54, a senior vice president, will succeed Mr. Sprague as the head of Hartford Specialty's risk management division. He will continue to be Hartford Specialty's director of specialty casualty, a job he has held since 1994.
He joined Hartford Specialty in 1972 as an account executive.
MIDDLE ATLANTICAmerican International Group Inc. in New York has hired Scott A. Levine as the senior vice president in charge of strategic risk initiatives, particularly the AIG companies' increasing activities in structured finance, risk finance, and surety areas in this country and abroad.
He was the president and chief executive officer of Zurich Centre Group, a business unit of Zurich Financial Services Group. He had joined Zurich last year when Chase Manhattan Corp. bought J.P. Morgan & Co., whose strategic planning and cost restructuring group he had led.
Before that he had been the head of mergers and acquisitions at Morgan. Still earlier he had been a tax lawyer at the firm of Davis Polk & Wardell.
SOUTHEASTNetzee Inc. of Atlanta, which provides Web products and services for financial services companies, has hired Kevin R. Lee as its senior vice president of operations and W. Todd Shiver as senior vice president of sales.
Mr. Lee was a co-founder and the chief information officer of Maxrate.com, an Internet trading platform for certificates of deposit. (Maxrate.com stopped trading on Jan. 31 and is currently seeking a buyer.)
Earlier he had been a financial services consultant at Arthur Andersen LLP (now Accenture), where he worked for eight years.
Mr. Shiver was a senior vice president and the national bank sales manager at Towne Services Inc. in Suwanee, Ga. Before that he had been a senior vice president and the sales manager for three years at Bankers Bank in Atlanta.
Still earlier he had worked at NationsBank (now Bank of America), where he had been a loan manager, a branch manager, and a relationship manager.
SOUTHWESTBank of America Corp. has hired Martha Rangel as the market development manager for supplier diversity and development for the company's Southwest region - Arizona, Nevada, New Mexico, Oklahoma, and Texas.
She is in charge of ensuring the inclusion of businesses owned by minorities, women, and disabled people in the supplier bidding process. She is based in Irving, Tex., and reports to Jeff Jones, Bank of America's national market development manager.
Ms. Rangel was the vice president of economic development for three years at the Fort Worth Hispanic Chamber of Commerce. Before that she had been the U.S. marketing manager for two years at Productora Importadora de Papel SA, a paper import and export company based in Mexico City.
