Banking

Wachovia names insurance executive

Wachovia Corp. said it named Anne Doss managing executive of its insurance unit.

Doss, a 23-year veteran of the Charlotte bank, most recently led a team responsible for selling insurance products to bank customers.

She succeeds Stewart McDowell, who had previously announced plans to retire. In his tenure, Wachovia Insurance Services became the third largest bank-owned insurance broker and one of the top 15 insurance brokerage firms in the U.S.

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