The FINANCIAL — BOSTON, Bank of America today announced leadership changes in Premier Banking %26amp; Investments (PB%26amp;I) within the companys larger Global Wealth %26amp; Investment Management division.
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Dean Athanasia has been named president of PB%26amp;I, leading the delivery of tailored financial solutions to affluent individuals and families across the U.S. through the companys Premier Banking and Banc of America Investment Services, Inc. (BAI) organizations.
Pat Phillips, who has led PB%26amp;I since 2005 and previously served in major leadership roles across Bank of America since 1973, has decided to retire from the company later this spring.
Dean is now heading one of Bank of Americas fastest growing businesses and possesses the right mix of skills to further enhance the delivery of comprehensive financial solutions for affluent clients, said Keith Banks, president of Global Wealth %26amp; Investment Management. During the last three years, Pat and the PB%26amp;I team have helped affluent Americans achieve their financial goals and we thank him for his 35 years of service and wish him the very best.
Athanasia most recently served as PB%26amp;I Northeast division executive.
Previously, he was Global Wealth %26amp; Investment Sales, Service %26amp; Execution Executive, encompassing Strategic Planning, Business Development, Business Strategy, Marketing, Sales Management, Regulatory Administration, and the divisions Investment %26amp; Service Centers. Earlier, he served as Chief Information Officer of Global Wealth %26amp; Investment Management. Athanasia joined Bank of America in 2004, following Bank of Americas merger with FleetBoston Financial.
Premier Banking %26amp; Investments (PB%26amp;I) delivers personal attention, trusted guidance, custom-tailored banking, credit, investment solutions and day-to-day transaction services to affluent clients. A primary business within Bank of America Global Wealth %26amp; Investment Management, PB%26amp;I is a partnership between Bank of America Premier Banking and Banc of America Investment Services, Inc. (BAI) that provides integrated banking and investment services and solutions to affluent clients with up to $3 million in investable assets. PB%26amp;I works with clients coast-to-coast through more than 100 dedicated Premier Banking %26amp; Investments Wealth Centers, supported by over 6,100 banking centers and more than 19,000 ATMs nationwide.
Bank of America is one of the worlds largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, nearly 19,000 ATMs and award-winning online banking with nearly 24 million active users. Bank of America is the No. 1 overall Small Business Administration (SBA) lender in the United States and the No. 1 SBA lender to minority-owned small businesses. The company serves clients in 175 countries and has relationships with 99 percent of the U.S. Fortune 500 companies and 83 percent of the Global Fortune 500. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
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