PHILADELPHIA - Lincoln National Corp., the parent of the Lincoln Financial Group of companies, announced Thursday that Frederick J. Crawford had been hired as vice president and treasurer, effective Jan. 2.

Mr. Crawford was president of Bank One Cincinnati, where he oversaw 35 banking centers, 400 employees, and approximately $1 billion of assets.

"Fred brings strong commercial banking and insurance experience to his new role at Lincoln. He has worked extensively with insurance clients and brings a wide variety of skills to our company. We are extremely pleased to welcome him to the Lincoln team," said Richard C. Vaughan, executive vice president and chief financial officer of Lincoln Financial, in a press statement.

Mr. Crawford joined NBD Bank in 1987 and has held positions of increasing importance in the commercial banking division.

He joined the insurance specialty division as first vice president in 1995, when NBD Bank and First Chicago Corp. merged to form First Chicago NBD. In this position he managed a portfolio of large corporate insurance clients across an array of commercial and investment banking activities, mostly in the Midwest.

Lincoln Financial Group, with headquarters in Philadelphia, has consolidated assets of more than $103 billion and annual consolidated revenues of $6.8 billion. Through its wealth accumulation and protection businesses the company provides annuities, life insurance, 401(k) plans, life and health reinsurance, mutual funds, institutional investment management, and financial planning and advisory services.

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