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Bank of America Names Robb Hilson to Succeed Tim Laney as Florida Market President

Bank of America today named Robb Hilson, the Credit Services executive for Global Corporate and Investment Banking, to the role of Florida market president for Bank of America.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b)

Hilson succeeds Tim Laney as Florida market president. Laney, who also served as the Commercial Banking executive for the Eastern United States region, will now lead Global Corporate Sales for the bank's Global Treasury Services group and relocate to Charlotte, N.C.

Hilson served as Miami market president since 1998.

As Florida market president, Hilson will oversee one of Bank of America's fastest-growing geographies by providing business, civic and philanthropic leadership for the company throughout Florida. Hilson will provide strategic direction for Bank of America's 17 markets in Florida and will work to strengthen communication and integration among the company's local business lines. As market president, Hilson will work to continue to improve the customer experience in Florida, grow revenue in the state and enhance Bank of America's reputation in the community.

"Robb Hilson is an outstanding choice for Florida market president," said Laney. "During his tenure as Miami market president, Robb forged strong relationships with community leaders, customers and associates. He has demonstrated outstanding business acumen, leading one of the most important markets in the Bank of America franchise. I'm certain he will apply those skills ably as he moves into this key position."

Laney served as Florida market president since 2001.

"Tim Laney has been a strong and results-focused leader for Bank of America in Florida and we thank him for all his efforts," said Graham Denton, Market President executive, Bank of America. "We appreciate Tim's commitment and dedication to our customers, associates and communities across the state."

Hilson joined Bank of America in 1987 and has served in a variety of senior leadership positions in Commercial and Small Business Banking. He is involved in a number of civic and community organizations in South Florida. Currently, Hilson serves on the board of the Community Partnership for the Homeless and the Board of Governors for the Greater Miami Chamber of Commerce.

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 more than 38 million consumer and small business relationships with more than 5,800 retail banking offices, more than 16,700 ATMs and award-winning online banking with more than 14 million active users. Bank of America is the No. 1 overall Small Business Administration (SBA) lender in the United States and the No. 1 SBA lender to minority-owned small businesses. The company serves clients in 150 countries and has relationships with 97 percent of the U.S. Fortune 500 companies and 79 percent of the Global Fortune 500. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

http://www.bankofamerica.com

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