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BofA Names 105 Managing Directors in Corporate, Investment Bank

  • Company announces new leaders in internal memo to staff
  • Bank names over 300 new managing directors across company
Bank Of America Locations Ahead Of Earnings Figures
Photographer: David Paul Morris/Bloomberg
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Bank of America Corp. elevated 105 executives to managing director level across the global corporate and investment banking unit, according to people with knowledge of the matter. 

“The selection process is highly competitive. This promotion recognizes the hard work and commitment of these individuals and introduces them to a new level of leadership, dedication and contribution to our firm,” Matthew Koder, president of global corporate and investment banking, wrote in a memo announcing the new names, seen by Bloomberg.