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Bank of America Merrill Lynch Launches Innovative ‘Returning Talent’ Programme

Category:

Wednesday, May 16, 2012 8:08 am EDT

Dateline:

LONDON

Public Company Information:

NYSE:
BAC

Bank of America Merrill Lynch has today announced a new initiative that supports women and men looking to return to work after time away to care for their family. Individuals who have been absent from the workplace for three or more years are being offered the opportunity to benefit from BofA Merrill’s ‘Returning Talent’ programme.

Michelle Fullerton, head of Diversity and Inclusion for Europe and Emerging Markets (ex-Asia) at BofA Merrill, who is spearheading the initiative, says, “As an employer of choice and recognised as one of The Times’ Top 50 Employers for Women, we are keen to ensure we attract, retain and develop talented individuals. We recognise that choosing to have a family is a very important stage in a person’s life, and that some decide to take time away from work to focus completely on caring for their family.”

During the inaugural year of the programme, 20 places are available for individuals to participate in three, one day workshops (scheduled around childcare), executive coaching and access to employees and experts from BofA Merrill. At the end of the programme, it is anticipated that participants will feel better prepared and confident to re-enter the world of work, either at BofA Merrill or at another organisation.

‘Returning Talent’ is being delivered in partnership with the Executive Coaching Consultancy – the company that currently delivers maternity coaching workshops and individual coaching sessions to the bank's employees and their managers – and the Mumsnet Family Friendly programme which develops and promotes family-friendly practices in business. The workshops will take place in June at the bank’s London offices. Interested parties are asked to complete an application form which can be accessed here. Successful applicants will be notified by 6 June.

Fullerton concluded, “Above all, our company is about people. A philosophy of inclusion drives us every day and helps us all to succeed in a diverse, global marketplace. Through ‘Returning Talent’, we are demonstrating that Bank of America Merrill Lynch is an attractive organisation for prospective employees and clients – a place where people want to work.”

Bank of America Merrill Lynch Corporate Social Responsibility

Developing solutions for social and environmental challenges is at the core of Bank of America Merrill Lynch’s Corporate Social Responsibility (CSR) strategy. In more than 100 markets around the world, we partner with shareholders, clients, customers and employees to create shared value that empowers individuals and communities to thrive, whilst simultaneously contributing to the long-term success of our business. Our CSR platform focuses on: responsible business practices, environmental sustainability, advancing opportunity in local communities through education and employability programmes, investing in global leadership development, and promoting cultural understanding. By harnessing our intellectual capital, sharing knowledge and developing innovative solutions, we can provide opportunities that effect positive change for all. Learn more at www.bankofamerica.com/opportunity and follow us on Twitter at @BofA_Community.

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"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Bank of America Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

Contact:

Reporters May Contact:
Elizabeth Wood, Bank of America Merrill Lynch, +44 (0)20 7995 7731
elizabeth.wood@baml.com