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BofA Names Ed Siaje President of Detroit

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Bank of America (BAC) has appointed Ed Siaje as president of Bank of America Detroit, succeeding Matt Elliott who recently retired. Siaje, who will continue his role as Private Bank market executive for Michigan and Minnesota, brings 26 years of financial services experience. He will be responsible for connecting clients, teammates and communities across the bank's eight lines of business, while focusing on market share growth and economic mobility initiatives. Previously, he managed strategy and operations for over 280 financial centers and currently leads a team serving high-net-worth clients and institutional nonprofits.

Bank of America (BAC) ha nominato Ed Siaje presidente di Bank of America Detroit, succedendo a Matt Elliott che si è recentemente ritirato. Siaje, che continuerà il suo ruolo di esecutivo del mercato della Private Bank per Michigan e Minnesota, porta con sé 26 anni di esperienza nei servizi finanziari. Sarà responsabile del collegamento tra clienti, membri del team e comunità attraverso le otto linee di business della banca, concentrandosi sulla crescita della quota di mercato e sulle iniziative di mobilità economica. In precedenza, ha gestito strategie e operazioni per oltre 280 centri finanziari e attualmente guida un team dedicato a clienti ad alto patrimonio netto e organizzazioni no-profit istituzionali.

Bank of America (BAC) ha nombrado a Ed Siaje presidente de Bank of America Detroit, sucediendo a Matt Elliott, quien se retiró recientemente. Siaje, que continuará su papel como ejecutivo del mercado de Private Bank para Michigan y Minnesota, aporta 26 años de experiencia en servicios financieros. Será responsable de conectar a clientes, miembros del equipo y comunidades a través de las ocho líneas de negocio del banco, mientras se enfoca en el crecimiento de la cuota de mercado y las iniciativas de movilidad económica. Anteriormente, gestionó la estrategia y operaciones de más de 280 centros financieros y actualmente lidera un equipo que atiende a clientes de alto patrimonio neto y organizaciones no lucrativas institucionales.

Bank of America (BAC)는 에드 시아제를 디트로이트 지사장으로 임명했으며, 이는 최근 은퇴한 매트 엘리엇의 뒤를 잇는 것입니다. 시아제는 미시간과 미네소타의 프라이빗 뱅크 시장 임원으로서의 역할을 계속하며, 26년 간의 금융 서비스 경험을 보유하고 있습니다. 그는 은행의 8개 비즈니스 라인을 통해 고객, 팀원 및 커뮤니티를 연결하며, 시장 점유율 성장 및 경제적 이동성 이니셔티브에 집중할 것입니다. 이전에는 280개 이상의 금융 센터의 전략 및 운영을 관리했으며, 현재는 고액 자산 고객과 기관 비영리 단체를 서비스하는 팀을 이끌고 있습니다.

Bank of America (BAC) a nommé Ed Siaje président de Bank of America Detroit, succédant à Matt Elliott qui a récemment pris sa retraite. Siaje, qui continuera à occuper son rôle d'exécutif de marché pour la Private Bank dans le Michigan et le Minnesota, apporte 26 ans d'expérience dans les services financiers. Il sera responsable de la connexion entre les clients, les membres de l'équipe et les communautés à travers les huit lignes de métier de la banque, tout en se concentrant sur la croissance de la part de marché et les initiatives de mobilité économique. Auparavant, il a géré la stratégie et les opérations de plus de 280 centres financiers et dirige actuellement une équipe au service de clients à forte valeur nette et d'organisations à but non lucratif institutionnelles.

Bank of America (BAC) hat Ed Siaje zum Präsidenten der Bank of America Detroit ernannt, als Nachfolger von Matt Elliott, der kürzlich in den Ruhestand trat. Siaje, der weiterhin seine Rolle als Markexekutiv der Private Bank für Michigan und Minnesota ausübt, bringt 26 Jahre Erfahrung im Finanzdienstleistungssektor mit. Er wird verantwortlich sein für die Verbindung von Kunden, Teamkollegen und Gemeinschaften über die acht Geschäftsbereiche der Bank, während er sich auf das Wachstum des Marktanteils und Initiativen zur wirtschaftlichen Mobilität konzentriert. Zuvor leitete er Strategie und Betrieb für über 280 Finanzzentren und führt derzeit ein Team, das wohlhabende Kunden und institutionelle gemeinnützige Organisationen betreut.

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Private Bank market executive for Michigan and Minnesota, will also oversee the bank's efforts to grow market share

DETROIT, Nov. 20, 2024 /PRNewswire/ -- Bank of America has named Ed Siaje president of Bank of America Detroit. As president and head of the market, he will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank's eight lines of business. He succeeds Matt Elliott, who recently retired from the company.

Siaje will also oversee the bank's efforts to grow market share and lead the effort to deploy the bank's resources to help advance economic mobility and build strong communities. Siaje will continue to serve as Private Bank market executive for Michigan and Minnesota.

"Throughout his career with Bank of America, Ed  has established deep relationships with teammates, clients and the community to deliver responsible growth," said Brian MoynihanBank of America chairman and chief executive officer. "Ed is well positioned to build on Matt's legacy and continue to grow our presence, particularly in Michigan, as we deliver the full breadth of Bank of America's capabilities to help our local clients improve their financial lives."

Siaje has 26 years of experience in financial services, and currently leads a team of dedicated specialists who provide integrated advice and guidance to high-net-worth clients and institutional nonprofits. Prior to this role, he served as a Consumer area executive where he was responsible for strategy, service and operations across more than 280 financial centers. He's held numerous positions within financial center leadership with regional and national banks throughout the Midwest. 

A native of Southeast Michigan, Ed is passionate about driving local economic growth and opportunity. He serves as chair of the United Way of Southeastern Michigan Board of Directors and has been active with the Arab Community Center for Economic and Social Services (ACCESS), Southwest Detroit Business Association and Focus Hope. He lives in Dearborn with his wife and three children.

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 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital 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 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

Reporters may contact
Naomi R. Patton, Bank of America
Phone: 646.855.4266
naomi.patton@bofa.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bofa-names-ed-siaje-president-of-detroit-302311563.html

SOURCE Bank of America Corporation

FAQ

Who is the new Bank of America Detroit president in 2024?

Ed Siaje has been appointed as the new president of Bank of America Detroit in 2024, succeeding Matt Elliott who recently retired.

What is Ed Siaje's background at Bank of America (BAC)?

Ed Siaje has 26 years of financial services experience and serves as Private Bank market executive for Michigan and Minnesota. He previously managed operations across more than 280 financial centers.

What will be Ed Siaje's responsibilities as BAC Detroit president?

As president, Siaje will connect clients, teammates and communities across eight business lines, oversee market share growth, and lead efforts to deploy bank resources for economic mobility initiatives.

How many retail financial centers does Bank of America (BAC) operate in 2024?

Bank of America operates approximately 3,700 retail financial centers and 15,000 ATMs, serving about 69 million consumer and small business clients.

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