Fleet Financial Group has rehired a veteran of its mutual fund business to coordinate the development and delivery of retail products by its investment affiliates and insurance partners.

L. Peter Sheehan returned to the Boston-based banking company four weeks ago as senior vice president and director of investments and insurance partnerships, Fleet announced this week. He had spent 13 years at Fleet- most recently as director of investment products marketing-before jumping to Citizens Financial Group, Providence, R.I., in 1994, where he was president of its investment products arm.

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