Wachovia Corp. in Winston-Salem, N.C. has promoted senior vice president Fred H. Cecil to group executive. Mr. Cecil, who is based in Atlanta, has been the loan administration manager in Wachovia's specialized finance group since October 1997.

He joined Wachovia in 1978 as a management trainee and went on to become a relationship manager in commercial banking, a retail and business banking manager, and a regional corporate sales team manger. He was elected senior vice president in 1991

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