BofA Names Gabby Hodgson President of Colorado
June 4, 2025 at 11:10 AM Eastern
DENVER, CO – Bank of America has named Gabby Hodgson, Merrill market executive, as president of Bank of America Colorado. She succeeds Raju Patel who led the market for the past six years and continues as Global Commercial Banking market executive for Colorado.
As president and head of the market, Gabby will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank’s eight lines of business. She will oversee the company’s efforts to grow market share by fostering local connections and identifying opportunities to grow and deepen our client relationships.
“Gabby has delivered terrific results for the Merrill team in Colorado, measurably deepening our client coverage efforts, and growing deposits and assets under management,” said Brian Moynihan, Bank of America chairman and chief executive officer. “Gabby is well positioned to continue the success Raju achieved in building the bank’s presence and profile in our first expansion market.”
Gabby joined the company in 2018 following an 18-year career as a sales executive for top asset management firms. She previously served as the Merrill market executive for Western Pennsylvania before moving to Denver in 2023 and serving on the local leadership team. As Merrill market executive, Gabby leads a team of more than 75 advisors and associates across four offices. She serves on the board of directors of the American Heart Association Colorado.
In his time as president, Raju was instrumental in growing market share and delivering the full breadth of the company to our local clients and community. Under his leadership, the bank opened 32 financial centers, installed 68 ATMs and grew deposits by $2 billion [1]. Actively engaged in the community, Raju serves as board member and chair for various non-profits and civic organizations, and in 2021, he was recognized as a Most Admired CEO by the Denver Business Journal.
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 approximately 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).
Louise Hennessy, Bank of America
Phone: 646.858.6471
louise.hennessy@bofa.com
[1] FDIC deposits. Latest available figures from June 30, 2024, and may be inclusive of Consumer, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets deposits.
June 4, 2025 at 11:10 AM Eastern
BofA Names Gabby Hodgson President of Colorado
DENVER, CO – Bank of America has named Gabby Hodgson, Merrill market executive, as president of Bank of America Colorado. She succeeds Raju Patel who led the market for the past six years and continues as Global Commercial Banking market executive for Colorado.
As president and head of the market, Gabby will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank’s eight lines of business. She will oversee the company’s efforts to grow market share by fostering local connections and identifying opportunities to grow and deepen our client relationships.
“Gabby has delivered terrific results for the Merrill team in Colorado, measurably deepening our client coverage efforts, and growing deposits and assets under management,” said Brian Moynihan, Bank of America chairman and chief executive officer. “Gabby is well positioned to continue the success Raju achieved in building the bank’s presence and profile in our first expansion market.”
Gabby joined the company in 2018 following an 18-year career as a sales executive for top asset management firms. She previously served as the Merrill market executive for Western Pennsylvania before moving to Denver in 2023 and serving on the local leadership team. As Merrill market executive, Gabby leads a team of more than 75 advisors and associates across four offices. She serves on the board of directors of the American Heart Association Colorado.
In his time as president, Raju was instrumental in growing market share and delivering the full breadth of the company to our local clients and community. Under his leadership, the bank opened 32 financial centers, installed 68 ATMs and grew deposits by $2 billion [1]. Actively engaged in the community, Raju serves as board member and chair for various non-profits and civic organizations, and in 2021, he was recognized as a Most Admired CEO by the Denver Business Journal.
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 approximately 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).
Louise Hennessy, Bank of America
Phone: 646.858.6471
louise.hennessy@bofa.com
[1] FDIC deposits. Latest available figures from June 30, 2024, and may be inclusive of Consumer, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets deposits.
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