S&P Capital IQ Power Moves

Bank of America Corporation announced that Bill Williamson has been named Maine state president. He replaces Betsey Timm.

As state president, Williamson will help integrate Bank of America business lines throughout Maine. 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 addition to his responsibilities as state president, Williamson is a senior client manager in Bank of America’s global commercial bank. In that capacity, he serves a diverse group of public and private companies in Maine, New Hampshire and Vermont. -Business Wire

Michael Perez, of Johnston, has been promoted to senior vice president, Northeast region sales manager, for Bank of America home loans. He previously was vice president in the same role.

Perez will continue to lead a team of mortgage loan officers to help home buyers and owners with their financing needs primarily in Rhode Island, Massachusetts, Connecticut and other Northeastern states. He will also support home loans origination activities across 450 banking centers across the Northeast region.

Ian Ferguson has joined Bank of America Corporation’s Merrill Lynch unit. He is to join the American bank as managing director in the UK investment banking division next year.

Ferguson was previous senior managing director with Evercore Partners, where he worked for three years. -Global Banking News

Bank of America Corporation has added Michael Terry as global head of capital introductions.

In his new role based in New York, Terry will be responsible for expanding the group’s hedge fund presence as well as help clients in the complex investor landscape. He will report to Jon Yalmokas, head of US prime brokerage sales.

Terry was a founding member of Oakpoint Advisors, which provides services to alternative asset managers. Previously, he has worked for Morgan Stanley as head of North American capital introductions. -Global Banking News

Bank of America Corporation has named Gerhard Seebacher as head of global rates, foreign exchange and structured credit trading. He replaces David Gu.

Seebacher has been with the bank for 15 years.

Graham Goldsmith will succeed Seebacher as head of global credit products, and will retain his current role as global loans and special situations head.

Both Goldsmith and Seebacher are to be based in New York. -Global Banking News

Bank of America Corporation has merged its corporate and investment banking divisions, and has named three executives to lead the combined business.

Paul Donofrio, Michael Rubinoff and Christian Meissner will head the division and report to Tom Montage, president of the bank’s global banking and marketing arm.

Purna Saggurti will become chairman of the division. -Global Banking News

Bank of America Corporation has appointed Paul Simpson as its new global treasury solutions chief.

Simpson will also oversee the trade finance business. He will report to Paul Donofrio, who is in charge of Bank of America’s global corporate banking division.

Prior to filling the newly created position at Bank of America in May, Simpson had similar responsibility as global treasury and trade solutions head at Citigroup.

Bank of America Global Wealth and Investment Management has announced that Sonia Dula has been named the new head of the Latin American business. She succeeds Brian Sepe.

As head of GWIM Latin America, Dula will manage all onshore and offshore financial advisors in Latin America. She will report to Sallie Krawcheck, president of Bank of America Global Wealth and Investment Management and Andrea Orcel, executive chairman of global banking and markets and president of emerging markets ex-Asia.

Dula joined Merrill Lynch in 2006 to head investment banking for the region, subsequently coordinating the integration between Bank of America and Merrill in Latin America. Since 2009, she was also responsible of overseeing the build-out of corporate banking in Latin America. -Business Wire

Bank of America announced that Joanna Beatrice, Josh Gansauer, Jim Johnson, Renee Meyer, Kim Thomas, Monica Lee, Bill Lucy, Jeff Mohesky and Stephanie Dickinson have been promoted to the position of assistant vice president.

They will be based in the downtown St. Louis office. -St. Louis Post-Dispatch (Missouri)

Bank of America Merrill Lynch announced that Robert Arth has been named president of Bank of America Business Capital, based in New York.

Arth’s prior role was the BABC East Division executive. He has more than 29 years’ experience in the banking industry and joined Bank of America with the Fleet Bank merger. He had joined Fleet Capital in January 2003, where he held an executive vice president and group manager position while managing their Mid-Atlantic Region.

Bank of America also announced that it has named Bruce MacKenzie to head European high-yield capital markets. He will join as a managing director in July and report to David Ross, head of European leveraged finance.

MacKenzie was a part of Deutsche Bank’s London-based debt unit.

Bank of America announced that Charles H. Noski has been named executive vice president and chief financial officer of the corporation, effective May 11. He brings business leadership, financial acumen, and a global perspective after years of experience with some of the world’s most successful brand-name companies across multiple industries.

Noski was most recently chief financial officer and corporate vice president of Northrop Grumman. Previously he was vice chairman of the board of directors, and senior executive vice president and chief financial officer of AT&T. He has also been president and chief operating officer, and vice chairman and chief financial officer of Hughes Electronics and executive vice president and chief financial officer of United Technologies. He began his career at accounting firm Haskins & Sells (now Deloitte & Touche) where he served for 17 years and was named partner.

Noski has also been a director of Morgan Stanley, Air Products & Chemicals, Automatic Data Processing, AT&T and Northrop Grumman. -PR Newswire

Bank of America announced that it is combining the leadership of global card services and deposits under Susan Faulkner, 47, who has been named deposits and card product executive.

The combined business will report to Joe Price, president, Bank of America consumer, small business & card banking. The card business will continue to be based in Charlotte and in the Wilmington, Del. offices. -PR Newswire

Bank of America announced that Andrea Smith, a veteran HR executive, has been appointed the bank’s human resources chief, succeeding Steele Alphin.

Smith, 42, will be based in Charlotte and report directly to president and CEO Brian T. Moynihan.

Smith joined the bank in 1988 and most recently was senior human resources executive for global banking and markets, global commercial banking, global wealth and investment management, global technology and operations and the chief administrative officer group. -Charlotte Business Journal (North Carolina)

Bank of America announced the following executive appointments.

Steele Alphin has been appointed chief administrative officer.

Cathy Bessant has been appointed a global technology and operations executive. She is currently president of global product solutions.

David Darnell has been appointed president of global commercial banking.

Barbara Desoer has been appointed president of home loans and insurance.

Anne Finucane has been appointed global strategy and marketing officer.

Sallie Krawcheck has been appointed president of global wealth and investment management.

Tom Montag has been appointed president of global banking and markets.

Ed O’Keefe has been appointed general counsel.

Joe Price has been appointed president of consumer, small business and card banking, which includes the company’s deposit, small business and card businesses. He will continue to serve as chief financial officer until February 1, while the bank engages in an external search for a new chief financial officer. After February 1 and until a permanent replacement is found, Neil Cotty will serve as interim CFO.

Bruce Thompson has been appointed chief risk officer. He is currently managing director in global capital markets.

Greg Curl, current chief risk officer, will focus on key strategic partnerships critical to Bank of America’s global capabilities. -PR Newswire

Bank of America announced that Andrew M. Sieg will be joining the bank as managing director and head of global wealth and investment management (GWIM) retirement and philanthropic services. Sieg is based in New York and will report to Sallie Krawcheck, president of GWIM.

Sieg’s group is responsible for personal retirement solutions and providing administration, recordkeeping, custodial, communications, consulting and execution services to businesses, organizations, their employees and members, in connection with workplace-based benefit plans.

Sieg most recently served as head of Citigroup’s emerging affluent client segment, with responsibility for the firm’s approach to attracting and serving affluent U.S. households. -PR Newswire

Bank of America announced that Geri Thomas was named state president of Georgia and Atlanta market president. She will also continue in her role in the company as diversity and inclusion executive as well as consumer and small business banking staffing executive.

In her new role, Thomas will provide business, civic and philanthropic leadership for Bank of America throughout the state. She will focus on strong communication and integration among the company’s local business lines, enhancements to the customer experience, revenue growth and efforts to strengthen Bank of America’s presence in the community.

Thomas succeeds Milton Jones, current Georgia president, Atlanta market president and Bank of America’s finance services executive, who announced his retirement, effective in October. She is currently a member of the State of Georgia personnel board, which provides policy direction to the state merit system of personnel administration. -PR Newswire

Bank of America Corporation announced that global corporate social responsibility executive Andrew Plepler will take on the expanded role of consumer policy executive, serving as the senior executive responsible for interfacing with consumer and community groups while representing Bank of America’s position on critical consumer issues impacting those organizations and their constituents.

Plepler will be responsible for working closely with the company’s core consumer business lines in order to better align and help govern policies and decisions consistent with the needs of the company’s external stakeholders.

Plepler will work closely with teams within global consumer and small business banking, including global card services, and Bank of America home loans and insurance, on important issues with implications for consumers including, but not limited to, loan modification efforts, pricing and fees, and lending and investing strategies to create economic vitality.

Plepler will also continue to direct the company’s corporate social responsibility (CSR) initiatives, including philanthropy, associate volunteerism, community development lending and investing, Community Reinvestment Act activities, environmental initiatives and work in the arts and culture space. -Datamonitor NewsWire

Bank of America Corporation announced that Gregory J. Mech has been named Orange County market president for the company. Mech is the first legacy Merrill Lynch executive to serve as a Bank of America market president, further demonstrating the smooth transition and ongoing integration of the two companies. As market president, Mech will provide business, civic and philanthropic leadership for Bank of America in Orange County. He will work to strengthen communication and integration among the company’s local business lines, continuously improve the customer experience, identify revenue opportunities and oversee the company’s corporate social responsibility activities in Orange County. In addition to his responsibilities as president, Mech is the Southwest regional managing director for Merrill Lynch Global Wealth Management, responsible for business and strategy in Southern California, Hawaii, Guam, Arizona and New Mexico. -PR Newswire