Bank of America Names Sabina Kelly Baltimore Market President; Dave Millman to Retire After 35-Year Career

“Sabina’s demonstrated leadership and roots in this market 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”

BALTIMORE, MD – July 19, 2016 – Bank of America today announced that Sabina Kelly will succeed David Millman as market president, serving as the company’s enterprise leader for Baltimore. Millman will retire this July after a distinguished 35-year career with Bank of America.

As market president, Kelly will work across the region to connect businesses, families and individuals to the banking and investment teams that will help improve their financial lives. She will also deploy Bank of America’s resources in the Baltimore market and the region to address social and economic concerns and build strong communities.

“Sabina’s demonstrated leadership and roots in this market 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 responsibilities as market president, Kelly will serve as Business Banking market executive. In this role, she will lead a team of client relationship managers to deliver strategic financial advice and solutions to help small to mid-sized companies throughout Maryland grow, improve cash flow and invest for the future.

Kelly has more than 20 years of service in Global Commercial Banking at Bank of America in areas including credit, risk, middle-market banking, and client management. She has been active in the Baltimore volunteer community as a leader in the Friends of the Harford County, Maryland Public Library, and is a previous board member of the Dyslexia Tutoring Program.

Kelly has a bachelor’s degree in economics from the University of Maryland, Baltimore County and a master’s degree in business administration from Loyola University Maryland.

Last year, Bank of America employees of Baltimore volunteered nearly 11,000 hours to local nonprofits, and the company’s philanthropic giving helped local organizations develop and grow, including those that provide basic human services such as hunger relief, housing assistance and workforce development. Recipients of the company’s philanthropic support included Maryland Food Bank, Junior Achievement of Central Maryland, and Habitat for Humanity.

Bank of America
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 4,700 retail financial centers, approximately 16,000 ATMs, and award-winning online banking with approximately 33 million active accounts and more than 20 million mobile active 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 in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

SOURCE: Bank of America