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B of A’s private bank names central region head

Brennan gets the nod; Williams becomes Chicago-area market exec.
The Private Bank of Bank of America has made John Brennan
president of its 15-state central U.S. region. That puts him in
charge of wealth-management services in 32 private-bank offices
in Wisconsin, Texas, Tennessee, Oklahoma, Ohio, New Mexico,
Missouri, Minnesota, Michigan, Louisiana, Kansas, Iowa, Indiana,
Illinois and Arkansas. He’s based in Chicago. He reports to Bank
of America private bank president Jane Magpiong.
The private bank also named Christopher Williams market executive
for Chicago and the upper Midwest, a position that puts him in
charge of his home-base office in Chicago as well as offices in
Hinsdale, Ill., and Winnetka, Ill. Yet another private banking
office, this one in Lake Forest, Ill., will come under his
purview when it opens in a few months. Williams reports to
Brennan, whom he succeeds.
“[Brennan] and [Williams] are proven leaders who bring strong
management skills, broad industry expertise and an intense client
focus to their new positions,” Magpiong says in a press release.
“They know how to tap the full power of the larger Bank of
America franchise for the benefit of clients and I'm enormously
enthused to have them in these key leadership roles for our
organization.”
Brennan has been with Bank of America for 20 years. In addition
to his work with the private bank, which he joined in 2001, he
has been a commercial-banking division market executive and a
leader in the Bank of America’s change-management and
corporate-marketing groups.
Williams was head of sales for the Private Bank of Bank of
America in Chicago before he moved up to fill Brennan’s shoes.
He’s been with the private bank since 2003. Before that he spent
20 years or so in the brokerage business.
Bank of America’s private bank says it has the largest geographic
footprint in the U.S. with 150 offices in 39 states. It had $163
billion in assets under management at the end of June. –FWR
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