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MOVES-Bank of America names new head of business banking

Credit: REUTERS/LUCAS JACKSON

Bank of America Corp said on Monday it has promoted Raul Anaya to head of business banking.

July 20 (Reuters) - Bank of America Corp BAC.N said on Monday it has promoted Raul Anaya to head of business banking.

In his new role, the 30-year firm veteran will oversee the business line that serves mid-sized U.S.-based companies with annual revenues between $5 million and $50 million.

Anaya, who also serves as market president for the Los Angeles area and co-chair of the Hispanic-Latino Executive Council, will report directly to Chief Operating Officer Tom Montag.

(Reporting by Imani Moise; Editing by Dan Grebler)

((Imani.Moise@thomsonreuters.com; 646-223-6335;))

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