Webster Financial Corporation announced that Frederick M. Smith has been named corporate controller of Webster Bank and Webster Financial Corporation. Smith, 52, has more than 25 years of financial services industry experience. He previously served as assistant controller of Webster Bank. As corporate controller, Smith will serve as a senior leader within Webster's Accounting Department and oversee the corporation's accounting operations, close and consolidation, and financial reporting activities. A resident of Prospect, Connecticut, Smith joined Webster in 2005 as vice president, external financial reporting manager and since then has held positions of increasing responsibility within the company's Accounting Department. Prior to joining Webster, he held positions of financial analysis and reporting at The Hartford Steam Boiler Inspection & Insurance Company and Aetna Inc. in Hartford, Connecticut.