Healthcare >> CEO Interviews >> February 17, 2000

Alan J. Weber – Aetna Inc (aet)

ALAN J. WEBER is Vice Chairman of Strategy and Finance at Aetna Inc. Mr. Weber oversees Aetna's financial and operational strategy, as well as corporate planning and capital management, investor relations, information technology strategy and Year 2000 program management. He also serves as the company's Chief Financial Officer. Mr. Weber spent 27 years at Citibank, which he joined in 1971 straight from obtaining his MBA at the Kellogg School, Northwestern University and a BS in Economics at the Wharton School, University of Pennsylvania (1970). The first four years at the bank were spent in financial control and operations management positions in New York. Mr. Weber was appointed as the Operations Group Financial Controller in 1975 and a year later he was named a division head in the Operations Group, responsible for operational/technology support of the Corporate Banking business in the United States. In 1978, he was appointed a Senior Vice President and given responsibilities for developing the financial institutions market in the United States. In 1982, Mr. Weber changed career paths from the institutional Banking sector to the consumer banking sector and was given responsibility for building the bank's consumer businesses in Italy and Greece. In 1984, Mr. Weber was given responsibility for all consumer banking in 12 Asia/Pacific countries, encompassing branches, finance companies, credit card companies and subsidiaries. In 1988, Mr. Weber returned to New York and was elected a member of the Corporation's Policy Committee, and promoted to Executive Vice President. His responsibilities encompassed Citibank's business with financial institutions around the world, including banks, central banks, insurance companies broker/dealers and other financial intermediaries. In 1994, he was put in charge of the Latin America Consumer Bank Group. In 1997, the Asia/Pacific region was added to his existing responsibilities in Latin America. This area was responsible for developing the consumer business proposition in the emerging markets of the world. In August 1998 Mr. Weber joined Aetna. Profile
TWST: Give us a brief overview and history of your company.

Mr. Weber: Aetna is a leading provider of health and financial services

benefits, with nearly 47 million customers worldwide. The