Bank of America named Jim Morehead president of Bank of America Seattle. The company also appointed Alex Yang Seattle market executive, replacing Jeremey Williams, who was recently promoted to community relations manager executive.
In his new role as president, Morehead is responsible for connecting the banking and investment resources offered through the bank’s eight lines of business to people and companies across King, Pierce and Snohomish counties. He will also lead the effort to deploy Bank of America’s resources to address social concerns, strengthen economic opportunity and build strong communities, as well as support the health, safety and engagement of local employees.
“Seattle is an important market for Bank of America, and Jim has established deep relationships with our teammates, clients and the greater Puget Sound community during his career,” Brian Moynihan, CEO of Bank of America, said. “In his new role, Jim will help ensure we are a great partner as we continue to grow across the region.”
Along with his responsibilities as Seattle president, Morehead will remain global commercial banking market executive for the Western Washington & Pacific Rim Market at Bank of America. With more than 25 years of corporate banking, franchise finance, commercial real estate and small business banking experience, he will lead a team of middle market bankers that serve companies with annual revenues from $50 million to $2 billion, providing a variety of financial solutions, including treasury, credit, investment banking, risk management, international banking and wealth management. Morehead joined the bank in 2016, and throughout his banking career, he has held client facing and leadership roles in multiple lines of business.
