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J. Terrance Murray

January 1, 1986

Chairman, President and Chief Executive Officer Fleet Financial Group, Inc. and Fleet National Bank Providence, Rhode Island Current: President and CEO Fleet Financial Group, Inc. – Boston, Massachusetts

J. Terrence Murray joined Fleet National Bank in 1962 after graduation from Harvard University. He advanced steadily working in several of the bank’s branches, the credit department, and the real estate financing department. He was later named a Vice President of the Corporation and a Senior Vice President of the Bank in 1969. He has been a Director of the Corporation since 1976 and a Director of the Bank since 1977. Mr. Murray was elected Chairman, President and Chief Executive Officer of the Corporation and the Bank in May, 1982. He has been an active booster for the State of Rhode Island, often serving as a member of business development committees for the state. He currently serves on the Government Relations Council of the American Bankers Association and is a member of the Board of Directors and the Legislative Policy Committee of the Association of Bank Holding Companies. “The Northwood philosophy of teaching its students an understanding of this country’s free enterprise system is a service of the highest order.”