NU Online News Service, June 23, 2003, 3:42 p.m. EDT – Bank of America Corp., Charlotte, N.C., has hired Linda Need to be the strategy and business intelligence executive for the company’s insurance services group.

Need previously was national sales manager of the insurance services group at Morgan Stanley Inc., New York.

Bank of America also has hired Martin Rasmussen to be a life and health executive at the insurance group. Rasmussen previously was executive vice president of insurance operations at InsLogic Corp., Columbia, S.C.