Bank of America Names Milton Jones and Charles Bowman to New Market Leadership Roles

CHARLOTTE, N. C., Sept. 26 /PRNewswire/ -- Bank of America Market President Executive Walter Elcock today announced new market leadership roles for Finance Services Executive Milton Jones and Global Compliance Executive Charles Bowman.

Milton Jones, who has served in the role of state of North Carolina and Charlotte Market President since earlier this year, has been named state of Georgia and Atlanta Market President. Jones, who previously served as President of the Georgia Bank and Atlanta Market President from 2001-2003, will relocate to Atlanta and continue in his Finance Services role, with responsibilities for Supply Chain Management, Finance Operations and financial systems and reporting to Chief Financial Officer Joe Price.

In turn, Charles Bowman has been named state of North Carolina and Charlotte Market President. He also continues in his Compliance leadership role, reporting to Chief Risk Officer Amy Brinkley.

Gene Godbold, who has held both the state and Atlanta market president roles in Georgia, will continue to lead Bank of America Commercial Real Estate Banking, reporting to Commercial Banking Executive David Darnell.

"Milton's return to Atlanta and his leadership role in the city and state speak well of his reputation in the company and the community," said Price. "He will build on the momentum Gene Godbold has created and continue to expand our market share and community role in an important part of the franchise."

Brinkley added: "Charles is an outstanding leader with strong ties to North Carolina and to Charlotte. His efforts to drive our compliance strategy and initiatives have made us a stronger company and his reputation as a leader in our industry and community will create tremendous value for both the company and the market."

Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving 57 million consumer and small business relationships with more than 5,700 retail banking offices, more than 17,000 ATMs and award-winning online banking with more than 22 million active users. Bank of America is the No. 1 overall Small Business Administration (SBA) lender in the United States and the No. 1 SBA lender to minority-owned small businesses. The company serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 80 percent of the Fortune Global 500. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

CONTACT: Nicole Nastacie, +1-980-388-7252,
nicole.nastacie@bankofamerica.com, or Britney Sheehan, +1-305-445-4130,
britney.w.sheehan@bankofamerica.com, both of Bank of America

Web site: http://www.bankofamerica.com/