El Paso, TX – Bank of America has named Ruben Torres President of Bank of America El Paso. As El Paso president and head of the market, Ruben will connect clients, teammates, and communities to the full power of the franchise and drive integration across the bank’s eight lines of business. He succeeds Kristi Marcum, who successfully led the market for nearly 10 years and will continue as Merrill senior resident director.

Torres will oversee the bank’s efforts to grow market share by fostering local connections and identifying opportunities to grow and deepen client relationships.

“Kristi has made a lasting impact during her tenure by delivering the full breadth of Bank of America to our El Paso clients and community, and growing market share. We thank her for her leadership and look forward to continued growth and success with Ruben becoming the next El Paso president,” said Brian Moynihan, Bank of America chairman and chief executive officer. “Ruben is well positioned to help our El Paso clients improve their financial lives and deliver responsible growth.”  

Torres has 25 years of experience in financial services and has held roles in private equity, financial advisory, public finance, and commercial banking. As Global Commercial Banking senior relationship manager, Torres will also continue to deliver strategic financial advice and solutions to companies located throughout the region.

During Marcum’s tenure as president, employee engagement in El Paso reached record highs and she directed a significant anchor grant to La Nube STEAM Discovery Center.

A native of El Paso, Torres is passionate about driving local economic growth, and he is the former president of the El Paso Downtown Management District. He also serves as the current vice chair of Workforce Solutions Borderplex.

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 69 million consumer and small business clients with 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital 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 4 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 more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

Reporters may contact:

Miranda Caruso, Bank of America
Phone: 1.332.238.8374
miranda.caruso@bofa.com