Wood, who leads a team of some 150 financial advisors in two branch offices, replaces William Couper, who served as BofA's Mid-Atlantic president and retired at the end of September.

In his new role, Wood will work with company leaders across the region to help the bank deliver a range of global financial services to more individuals and businesses locally. He will also oversee corporate social responsibility activities including philanthropic giving, community development lending and investing, environmental initiatives, diversity efforts, arts and culture projects, and employee volunteerism.

Wood joined the firm in 1993 after a career in the US military. During his 19-year career with the company, he has served as a financial advisor, wealth management advisor and as a complex director in several locations across the country.   

“Wood brings a diverse background in financial services to this important leadership role,” said Brian Moynihan, chief executive at Bank of America.