Mukesh D. Ambani to Join Bank of America Global Advisory Council
CHARLOTTE, N.C. -- March 15, 2013
Bank of America Corporation today announced that Mukesh D. Ambani will join
the Bank of America Global Advisory Council in May. Ambani has decided not to
seek another term on the company’s board of directors at its 2013 annual
meeting of stockholders.
Ambani, chairman and managing director of Reliance Industries Limited, will
join 13 other internationally recognized business, academic and public policy
leaders who serve on the Global Advisory Council. The council, chaired by Bank
of America Chief Executive Officer Brian Moynihan, is a non-fiduciary body
that shares expertise and insights on the bank’s global engagement.
"We are very grateful for Mukesh’s contributions to the board and for the
global expertise and perspective he provided,” said Chad Holliday, chairman of
the Bank of America board of directors.
Ambani has served on the Bank of America board of directors since March 2011
and became a director prior to the establishment of the Global Advisory
“Our Global Advisory Council is an ideal venue for the company to continue to
benefit from Mukesh’s judgment and insights,” Moynihan said.
Bank of America
Bank of America is one of the world’s largest financial institutions, serving
individual consumers, small- and middle-market businesses, institutional
investors, large corporations and governments with a full range of banking,
investing, asset management and other financial and risk management products
and services. We serve approximately 53 million consumer and small business
relationships with approximately 5,500 retail banking offices and
approximately 16,300 ATMs and award-winning online banking with 30 million
active users. Bank of America is among the world's leading wealth management
companies and is a global leader in corporate and investment banking and
trading across a broad range of asset classes, serving corporations,
governments, institutions and individuals around the world. Bank of America
offers industry-leading support to approximately 3 million small business
owners through a suite of innovative, easy-to-use online products and
services. The company serves clients through operations in more than 40
countries. Bank of America Corporation stock (NYSE: BAC) is a component of the
Dow Jones Industrial Average and is listed on the New York Stock Exchange.
For more Bank of America news, visit the Bank of America newsroom.
Investors May Contact:
Kevin Stitt, Bank of America, 1.980.386.5667
Lee McEntire, Bank of America, 1.980.388.6780
Reporters May Contact:
Scott Silvestri, Bank of America, 1.980.388.9921
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