Shawmut National Corp., Boston, has named senior vice president George E. Russell Jr. head of its private banking division, a new post.

Mr. Russell is responsible for the corporation's 14 private banking offices in Connecticut, Massachusetts, and Rhode Island. He is based in Boston.

In another move at the company, Bharat Bhatt, executive vice president for credit administration, has been named chief financial officer of the bank holding company.

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