Bank of America names Chip McLeod

Bank of America>>> announced the appointment of Chip McLeod>>> as the new president of Upstate United States — North Carolina>>>. McLeod, previously a senior resident director at Bank of America — Merrill (company) Lynch Wealth Management>>>, succeeds Stacy Brandon>>>, who retired after 39 years with the company. In his new role, McLeod will be responsible for driving Bank of America's>>> strategy to grow market share, deepen client relationships, and foster collaboration across its eight lines of business in the Upstate region, which includes Anderson, Greenville, Laurens, Pickens, and Spartanburg counties. Brian Moynihan>>>, chair and CEO of Bank of America>>>, emphasized that McLeod's extensive experience in wealth management and financial services will be crucial in delivering on the bank's responsible growth strategy. The bank has a significant presence in the region, with 270 employees across 20 locations, and has made substantial investments in philanthropic funding and small-business and commercial loans.