Bank of America today announced that Kerri Schroeder will succeed Anthony DiBlasi as Seattle market president. After serving more than four years as market president, DiBlasi is relocating to California to become the Merrill Lynch Wealth Management market executive for Greater Los Angeles.
As market president for Seattle, Schroeder will work throughout the Puget Sound area to connect businesses, families and individuals to Bank of America’s banking and investment teams. She will also lead the effort to direct the bank’s resources in the market to address local priorities and help build strong communities.
“Kerri’s knowledge of the Puget Sound region and leadership as market president will ensure we’re helping to make our customers’ and clients’ financial lives better, through the power of every connection we can make with them,” said Brian Moynihan, chief executive officer, Bank of America.
In addition to her role as market president, Schroeder is the West Coast Commercial Credit executive for Global Commercial Banking and Business Banking for Bank of America Merrill Lynch, where she leads a team of commercial credit underwriters and underwriting managers covering clients with $10 million to $2 billion in revenues. She has held a variety of leadership positions serving commercial clients since joining Bank of America in 1999.
Active with community organizations and internal bank programs, Schroeder is on the Special Olympics 2018 USA Games Committee and has served on the board of directors of several nonprofit organizations over the years, including the Atlantic Street Center. She is part of Bank of America’s Diverse Leaders Sponsorship Program and is involved with the Global Ambassadors Program through Vital Voices. Additionally, she is on the steering committee for the company’s Power of 10 Program and serves as the executive sponsor of LEAD for Women employee resource group in Seattle.
A first generation Irish-American, Schroeder grew up between Alaska and Ireland, moving to Washington in 1992 to attend Pacific Lutheran University. She graduated magna cum laude with a B.A. in economics and a minor in business administration. Schroeder resides in Sammamish with her fiancé and their four children.
Bank of America also announced that Kim Vu has been promoted to market executive, working in partnership with the market president and market integration executive to help deliver the company’s local strategy. She also manages the team that deploys Bank of America’s resources in the market to address social and economic concerns and build strong communities.
Vu has been with Bank of America for three years, and previously held the role of Seattle market manager for Enterprise Business and Community Engagement. She is an alum of the company’s Multicultural Women’s Leadership Program and currently serves on Bank of America’s national Diversity and Inclusion Council. In the community, Vu serves on the board of the Economic Development Council of Seattle King County and is a national founding board chair of The Respect Institute. She also serves on Juma Ventures’ national board, as well as their local Seattle chapter advisory board.
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 47 million consumer and small business relationships with approximately 4,400 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 36 million active users, including approximately 25 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.
Reporters May Contact:
Britney Sheehan, Bank of America