Bank of America announced that Jim Dever has been named Market President for Philadelphia. He succeeds Tom Woodward, who retired from Bank of America June 30 after eight years as Market President. Jim was also named Global Commercial Banking (GCB) Market Executive for Pennsylvania, Southern New Jersey and Delaware.
As Market President, Dever will work with all lines of business in the area to ensure our customers and clients receive the financial solutions they need. He will connect with civic leaders and policy makers, to solicit feedback and engage them on pressing issues in the community. As the voice for the company in the region, Dever will also guide efforts to be a responsible corporate citizen through day-to-day business activities, employee volunteer programs and philanthropic support for local organizations that make a positive impact, a release stated.
“Jim’s leadership in Philadelphia will ensure we are helping all of our customers and clients live their financial lives through the power of every connection we can make with them,” said Bank of America Chief Executive Officer Brian Moynihan.
He will also oversee the Middle Market Banking team that provides a full range of banking solutions to companies throughout the region with annual revenues of $50 million to $2 billion. During his 25 years with Bank of America, he has served in a number of senior leadership positions in GCB and Global Corporate & Investment Banking.
