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 local influencers, including 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 our 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.

“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.

In Dever’s GCB leadership role, he will 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.

Dever is a Pennsylvania native who grew up in Broomall and attended St. Joseph’s University. Throughout his career, he has lived with his family in Bucks County, PA. We share Jim’s excitement about his new GCB and Market President leadership roles in Philadelphia.

Bank of America

Bank of America is one of the world's leading 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 approximately 47 million consumer and small business relationships with approximately 4,700 retail financial centers, approximately 16,000 ATMs, and award-winning online banking with approximately 33 million active users and approximately 20 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

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