Bank of America has named Jose Tavarez as President of Bank of America New York City and Westchester County.
As New York City President, Tavarez will be responsible for connecting the banking and investment resources offered through the bank’s eight lines of business to individuals, families and companies across the region. He will also lead the effort to deploy Bank of America's resources to address social and economic concerns, strengthen communities and support the health and safety of local teammates.
In addition to his responsibilities as president of New York City, Tavarez will continue to serve as New York Tri-State Division Executive in the Bank of America Private Bank, where he oversees the end-to-end delivery of customized investments, banking, lending, and fiduciary service offerings to ultra-high-net-worth families and institutions.
“During the past 25 years, Jose has established deep relationships with teammates, clients and the New York City community to deliver responsible growth, and in this new role will help ensure we continue to be a great partner in New York City,” said Brian Moynihan, chief executive officer, Bank of America.
Tavarez serves as a member of the company’s Global Diversity & Inclusion Council and the Leadership Council for the Hispanic/Latino Organization for Leadership and Advancement. He is a member of the Board of Trustees of the Spence School and the Acquisitions Committee of the Studio Museum in Harlem. Tavarez earned Master of Business Administration degree in Finance from Columbia Business School and a bachelor’s degree in Business from Wharton School of the University of Pennsylvania.
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 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 2,700 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and approximately 2,400 business centers; approximately 17,000 ATMs; and award-winning digital banking with approximately 39 million active users, including approximately 31 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 households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
Reporters May Contact:
Anu Ahluwalia, Bank of America