BofA Names Jim Morehead President of Seattle

Alex Yang turns into Seattle Market Govt, succeeding Jeremey Williams who accepts promotion to Group Relations Supervisor Govt

SEATTLE, Dec. 9, 2022 /PRNewswire/ — Financial institution of America has named Jim Morehead president of Financial institution of America Seattle. The corporate additionally introduced that Alex Yang will turn out to be Seattle Market Govt, changing Jeremey Williams who was not too long ago promoted to Group Relations Supervisor (CRM) Govt.

Jim Morehead

As president, Morehead is accountable for connecting the banking and funding sources supplied by way of the financial institution’s eight strains of enterprise to folks and firms throughout King, Pierce and Snohomish Counties. He may also lead the hassle to deploy Financial institution of America’s sources to deal with social considerations, strengthen financial alternative, and construct sturdy communities, in addition to assist the well being, security and engagement of native staff.

“Seattle is a vital marketplace for Financial institution of America, and Jim has established deep relationships with our teammates, shoppers and the better Puget Sound neighborhood throughout his profession,” stated Brian Moynihan, chief government officer, Financial institution of America. “In his new position, Jim will assist guarantee we’re an ideal associate as we proceed to develop throughout the area.”

Along with his obligations as Seattle President, Morehead will stay International Industrial Banking Market Govt for the Western Washington & Pacific Rim Market at Financial institution of America. With greater than 25 years of company banking, franchise finance, business actual property and small enterprise banking expertise, he leads a staff of Center Market bankers that serve firms with annual revenues from $50 million to $2 billion, offering quite a lot of monetary options, together with treasury, credit score, funding banking, danger administration, worldwide banking and wealth administration. Jim joined the financial institution in 2016, and all through his banking profession, he has held consumer dealing with and management roles in a number of strains of enterprise.

As a long-time resident of Seattle, Morehead has labored with quite a few nonprofits together with Junior Achievement of Washington and United Manner of King County. He at present serves on the boards of the Seattle Metropolitan Chamber of Commerce and Particular Olympics Washington, and he shall be taking a place on the Washington Roundtable board.

Morehead holds a bachelor’s diploma in economics and laptop science from Hamilton Faculty and earned his MBA from the College of Washington, Foster Faculty of Enterprise. He’s at present a FINRA Registered Principal with Collection 7, 63, and 24 securities licenses. He resides in Seattle together with his spouse and their two youngsters.

Alex Yang

Yang has been named the Seattle Market Govt, working in partnership with the Seattle president and management staff directing native market technique, worker engagement, enterprise integration and investments that assist to drive and reply to neighborhood and financial improvement and significant wants throughout King, Pierce and Snohomish Counties. An extended-time Washington resident, Yang joined Financial institution of America in 1997, and most not too long ago served in a world position as CashPro Product Supervisor with the corporate’s International Transaction Providers (GTS) group.

Invested in mentorship and monetary empowerment, Yang mentors a number of GTS staff, co-chairs the Seattle chapter of the financial institution’s Asian Management Community and serves as a generational ambassador for the Inter-Generational Worker Community (IGEN) in addition to a Financial institution of America Higher Cash Habits Champion, educating monetary empowerment locally. He holds a bachelor’s in biology from Brown College. Yang additionally has labored with quite a few nonprofits together with Seattle Chinese language Faculty, Pacific Northwest Kendo Federation and the Chief Seattle Council supporting Scouting on the Eastside. He lives in Woodinville together with his spouse and youngsters.

Jeremey Williams

After serving as Seattle Market Govt for 3 years, Williams has accepted a nationwide position as CRM Govt. In his new position, Williams is accountable for 49 CRMs throughout the corporate’s Native Market Group. He’ll lead strategic initiatives that make Financial institution of America a extra environment friendly firm whereas connecting its capabilities throughout all strains of enterprise to learn shoppers in addition to assist staff by creating an inclusive and supportive office and make the most of firm belongings to champion the financial institution’s company social accountability technique.

Williams has been with Financial institution of America for greater than 15 years, holding quite a lot of management positions within the Native Markets Group, together with Technique and Initiatives Supervisor, Market Supervisor and Group Relations Supervisor. He additionally served as a Portfolio Administration Officer with the corporate’s Group Improvement Banking staff in Seattle early on in his profession.

Initially from Spokane, Williams performed soccer for and graduated from Washington State College with a bachelor’s in promoting/communications and a grasp’s in enterprise communications from the Edward R. Murrow Faculty of Communications. He’ll proceed residing in Seattle.

Financial institution of America

Financial institution of America is without doubt one of the world’s main monetary establishments, serving particular person shoppers, small and middle-market companies and enormous companies with a full vary of banking, investing, asset administration and different monetary and danger administration services. The corporate offers unmatched comfort in the USA, serving roughly 68 million shopper and small enterprise shoppers with roughly 3,900 retail monetary facilities, roughly 16,000 ATMs and award-winning digital banking with roughly 56 million verified digital customers. Financial institution of America is a world chief in wealth administration, company and funding banking and buying and selling throughout a broad vary of asset lessons, serving companies, governments, establishments and people world wide. Financial institution of America presents industry-leading assist to roughly 3 million small enterprise households by way of a collection of progressive, easy-to-use on-line services. The corporate serves shoppers by way of operations throughout the USA, its territories and roughly 35 international locations. Financial institution of America Company inventory (NYSE: BAC) is listed on the New York Inventory Alternate.

For extra Financial institution of America information, together with dividend bulletins and different necessary info, go to Financial institution of America newsroom and register for electronic mail information alerts.

Reporters might contact:

Britney Sheehan, Financial institution of America
Telephone: 1.425-467-9744
[email protected]  

SOURCE Financial institution of America Company