Bank of America has named Merrill Lynch Wealth Management Market Executive Livingston Albritten as market president for Memphis. Albritten succeeds Market President Michael Frick, who continues his role as Global Commercial Banking market manager for western Tennessee, Alabama and Mississippi based in Memphis.
As market president, Albritten is responsible for connecting the banking and investment resources offered through the company’s eight lines of business to companies, families and individuals in Memphis. He will also lead the effort to deploy Bank of America’s resources to address local social and economic concerns and build strong communities.
A 15-year veteran of Bank of America, Albritten will continue in his role as Merrill Lynch market executive for the Memphis/Little Rock market.
“Mike has helped us deliver responsible growth by serving our clients and ensuring we are a great partner in Memphis,” said Brian Moynihan, chief executive officer, Bank of America. “I thank him for his leadership and look forward to Livingston taking on this important work.”
Albritten joined Bank of America in 2004 and is a graduate of Florida A&M University and the Consumer Bankers Association Executive Banking School at Furman University. He is active in the community, serving as a member of the advisory board of the University of Memphis, Fogelman College of Business & Economics Center for Workplace Diversity and Inclusion.
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 4,400 retail financial centers, including approximately 1,800 lending centers, 2,200 financial centers with a Consumer Investment Financial Solutions Advisor, and 1,500 business centers; approximately 16,400 ATMs; and award-winning digital banking with more than 37 million active users, including over 27 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 approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
Reporters May Contact:
Matthew Daily, Bank of America