Bank of America Names Michael W. Lawrence New Mexico President
ALBUQUERQUE, N.M.--(BUSINESS WIRE)-- Bank of America (BAC) today announced that Michael W. Lawrence has been named New Mexico state president.
As state president, Lawrence will serve as the companys enterprise leader, working with company leaders across the state to help the bank deliver a wide range of global financial services to more individuals and businesses locally as well as deepen relationships with existing customers. He will also oversee corporate social responsibility activities including philanthropic giving, community development lending and investing, environmental initiatives, diversity efforts, arts and culture projects, and employee volunteerism.
Were pleased to have Michael step into this important role to help deliver the banks resources and capabilities to the customers, clients and communities we serve in New Mexico, said Brian T. Moynihan, CEO, Bank of America. Michael brings extensive financial services experience and enthusiasm to the market president role.
In addition to his responsibilities as state president, Lawrence was recently promoted as Merrill Lynch Wealth Management complex director for New Mexico. In this role, he leads 75 financial advisors along with other employees in six locations throughout New Mexico.
Lawrence started his career in 2000 as a Financial Advisor at Merrill Lynch. A resident of Albuquerque with his wife and three children, Lawrence attended the University of California, Irvine, and earned a Bachelor of Arts in social ecology in 2000. He has been active in community service throughout his Merrill Lynch career, providing leadership for the companys support of nonprofit groups such as the American Heart Association and Boys and Girls clubs.
Last year, Bank of America employees in New Mexico volunteered more than 5,700 hours to local nonprofits and continue to be significant players in major philanthropic initiatives, including the United Way campaign. The company provided nearly $646,000 last year to local nonprofit organizations providing basic human services such as hunger relief, housing assistance and access to healthcare.
Bank of America Corporate Social Responsibility
Bank of America corporate social responsibility (CSR) is a strategic part of doing business globally. Our CSR efforts guide how we operate in a socially, economically, financially and environmentally responsible way across more than 100 markets around the world, to deliver for shareholders, customers, clients and employees. Our goal is to help create economically vibrant regions and communities through lending, investing and giving. By partnering with our stakeholders, we create shared value that empowers individuals and communities to thrive and contributes to the long-term success of our business. We have several core areas of focus for our CSR, including responsible business practices; environmental sustainability; strengthening local communities with a focus on housing, hunger and jobs; investing in global leadership development; and engaging through arts and culture. Learn more at www.bankofamerica.com/about and follow us on Twitter at @BofA_Community.
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Reporters May Contact:
Colleen Haggerty, Bank of America, 1.213.621.7414
Source: Bank of AmericaCopyright Business Wire 2012