Bank of America has named Business Banking Senior Vice President Andrew Diedrichsen the market president for Reno. As market president, Diedrichsen is responsible for connecting the banking and investment resources offered through the company’s eight lines of business to companies and households in Northern Nevada. He will also lead Bank of America’s deployment of capital and resources to address local social and economic concerns as part of the bank’s overall effort to help build stronger communities.
A 13-year veteran of Bank of America, Diedrichsen began his career in Business Banking, assisting with commercial real estate and business banking needs. He will continue in his current role as senior vice president, Business Banking relationship manager for Northern Nevada, where he serves companies with annual revenues of $5 million to $50 million, providing a variety of financial solutions, including treasury, credit, investment banking, risk management, international and wealth management.
“Andrew has helped us deliver responsible growth by serving our clients and ensuring we are a great partner in Northern Nevada,” said Brian Moynihan, chief executive officer, Bank of America.
A Reno native, Diedrichsen graduated from the University of Nevada, Reno, and is active in the community, serving on the board of directors for Junior Achievement of Northern Nevada and as a member of the Pacific Southwest Leadership Council. He lives in Reno with his wife and son.
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 2,200 lending centers, 2,400 financial centers with a Consumer Investment Financial Solutions Advisor and 1,700 business centers; approximately 16,600 ATMs; and award-winning digital banking with more than 37 million active users, including approximately 28 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:
Colleen Haggerty, Bank of America