People's Bank, Bridgeport, Conn., promoted Michael J. Leone to executive vice president of regional banking and direct banking services.

Beginning his new job Jan. 1, Mr. Leone will oversee bank operations and direct banking strategies, which include telephone, computer, and video banking. When People's completes its purchase of Norwich Financial Corp. in the first quarter, he will oversee the 17 additional branches in the Norwich market.

Mr. Leone is currently People's Bank's senior vice president and manager for the Greater Bridgeport market. Earlier he had been vice president of depositor services and branch administration.

He joined People's in 1972 as manager of systems and programming in data processing.

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