Bank of America has named Private Bank senior vice president Jason Foster as its market president for the North Bay counties of Marin, Napa and Sonoma. Foster replaces longtime market president Massey Bambara, who will continue in his role as the Food, Agriculture, and Wine executive for Bank of America and Central Valley commercial credit executive.
As market president, Foster will be responsible for connecting the banking and investment resources offered through the company’s eight lines of business to companies, families and individuals across the North Bay. He will also lead the effort to deploy Bank of America’s resources to address local social and economic concerns and build strong communities.
“Massey has helped us deliver responsible growth by serving our clients and ensuring we are a great partner in the North Bay. Jason and the team will build on that great work,” said Brian Moynihan, chief executive officer, Bank of America.
Foster has been with Bank of America for 22 years, serving the North Bay region. A Marin County native, he has led three lines of business in the region: Consumer, Premier, and the Private Bank, currently as private client advisor leading a team responsible for ultra high net worth clients in the North Bay and Sacramento markets.
A lifelong North Bay resident who currently lives in Santa Rosa with his wife of 25 years and his two sons, Foster is active in the community with a long history of volunteerism with Habitat for Humanity, the Redwood Empire Food Bank, and Rincon Valley Little League.
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 1,800 lending centers, 2,200 Merrill Edge investment centers and 1,500 business centers; approximately 16,300 ATMs; and award-winning digital banking with more than 36 million active users, including over 26 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 across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
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Reporters may contact:
Colleen Haggerty, Bank of America