Bank of America Names Raul A. Anaya Greater Los Angeles Market President

LOS ANGELES-( Business Wire )-

Bank of America California State President Janet Lamkin today announced that Raul A. Anaya has been named Greater Los Angeles market president.

As market president, Anaya will serve as the company’s enterprise leader in Los Angeles. He will help integrate Bank of America business lines so that the bank can deliver a wider range of global financial services capabilities 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.

“In his new role, Raul will leverage our vast talent and resources across the region to create opportunities for customers, clients and the communities we serve,” said Lamkin. “I am confident Raul’s leadership will increase the effectiveness of the tremendous work that our L.A. leadership team has been doing in developing our presence in this important market.”

In addition to his responsibilities as market president, Anaya is the Global Commercial Banking (GCB) market executive for Greater Los Angeles overseeing a team that provides commercial banking services and products to companies with annual revenues from $50 million to over $2 billion in a variety of business segments including Consumer and Retail, Entertainment, Internet/Digital Media, Apparel, Aerospace and Defense, and Financial Sponsors/Private Equity.

Anaya joined Bank of America in 1989 and served in several GCB leadership positions before moving to Los Angeles in 2005. He leads Bank of America’s Latino Leadership team for Greater Los Angeles and supports many community and nonprofit organizations, including sitting on the boards of the California Science Center Foundation, Los Angeles Economic Development Corporation (LAEDC), and Latino Business Chamber of Greater Los Angeles.

A resident of Pasadena, Anaya grew up in the Rio Grande Valley of South Texas where he earned a Bachelor in Business Administration in finance from the University of Texas at Brownsville. He is a FINRA Registered Principal with Series 7, 24 and 63 securities licenses.

Last year, Bank of America employees in Greater Los Angeles volunteered more than 51,000 hours to local nonprofits and continue to be significant players in major philanthropic initiatives, providing $8 million to local nonprofits in 2011.

Bank of America

Bank of America is one of the world's largest 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 57 million consumer and small business relationships with approximately 5,700 retail banking offices and approximately 17,250 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in 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 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

For more Bank of America news, visit the Bank of America newsroom.

Reporters May Contact:Colleen Haggerty, Bank of America, This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

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