Ken Sheldon to focus on global commercial banking
MANCHESTER, NH, January 7, 2025 /PRNewswire/ — Bank of America appointed Matt Reilly as president Bank of America New Hampshire. As president and market leader, Reilly will connect customers, teammates and communities with the full strength of the franchise and drive integration across the bank’s eight lines of business. He succeeds Ken Sheldonwho has successfully led the market for nearly 14 years and will continue as Senior Relationship Manager with Global Commercial Banking.
Reilly will also oversee the bank’s efforts to increase market share and leverage the company’s resources to help advance economic mobility and build strong communities.
“Ken has had a tremendous impact over the past 14 years providing full breadth Bank of America ours New Hampshire clients and community, and growing market share. We thank him for his leadership and look forward to continued growth and success with Matt becoming the next New Hampshire president,” he said Brian Moynihanchairman and chief executive officer of Bank of America. “Matt is in a good position to help us New Hampshire clients improve their financial lives and ensure responsible growth.”
Reilly joined the company in 2014 and has more than 20 years of leadership experience across multiple industries. He will continue to serve as market leader for consumer banking where he oversees the operations, performance and growth of financial centers across the region. Reilly worked alongside Sheldon and was a key member of the local leadership team.
During Sheldon’s tenure as president, he oversaw more than 8 million dollars in philanthropic support to local non-profit organizations, including a 500 thousand dollars anchor grant to lead the new Nashua Center for the Arts and Bank of America Theatre. He has served on the boards of numerous organizations and remains committed to board and volunteer involvement in support of the local economy and community.
Actively involved in his local community, Reilly is a board member Boys and Girls Club of Manchester.
Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and medium-sized enterprises and large corporations with a full range of banking, investment, management and other financial products and services, as well as risk management services. The company provides unparalleled convenience in United Statesserves approximately 69 million consumer and small business customers with approximately 3,700 retail financial centers, approximately 15,000 A™s (Automated Teller Machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in asset management, corporate and investment banking and trading across a wide range of asset classes, serving corporations, governments, institutions and individuals worldwide. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative online products and easy-to-use services. The company serves clients through operations across the board United Statesits territories and more than 35 countries. Bank of America Corporation (NYSE:) shares are listed on New York Stock Exchange (NYSE: BAC).
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Journalists can contact:
John Yiannacopoulos, Bank of America
Phone: 1.646.855.2314
john.yiannacopoulos@bofa.com
