Aiming to accelerate growth in credit cards, Chase Manhattan Corp. announced the retirement of the head of that business - and the hiring of a former rival from Citibank to take his place.

Chase said Tuesday that Michael Urkowitz, 58, after 25 years at the New York bank and three years in charge of cards, will step aside in February after a short transition to the new leadership of veteran marketing executive Richard J. Srednicki.

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