Bank Of America Names Randy Dhindsa Fresno-Central Valley President

Bank of America today announced that Randy Dhindsa has been named Fresno-Central Valley market president.

As market president, Dhindsa will serve as the company’s enterprise leader, working with company leaders across the state to help the bank deliver a wide range of global financial services to more individuals and businesses locally as well as deepen relationships with existing customers. 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.

“We’re pleased to have Randy take on this important role to help deliver the bank’s resources and capabilities to the customers, clients and communities we serve across the Central Valley,” said Brian T. Moynihan, CEO, Bank of America. “Randy brings extensive business experience and knowledge of the Central Valley to the market president role.”

In addition to his responsibilities as market president, Dhindsa is market manager for the Central Valley business banking team. Business Banking provides strategic, integrated financial advice and solutions to small- and mid-sized businesses with $5 million to $50 million in annual revenues.

Dhindsa first joined Bank of America in 1999 as a customer service representative at its Fresno call center.

A resident of Fresno with his wife and son, Dhindsa attended California State University, Fresno, and earned a Bachelor of Science in Finance in 2003. A strong advocate for the community, he is a member of the Executive and Finance Committee on the Reading and Beyond board of directors, and a member of the Junior Achievement board of directors. He is also a member of the Bulldog Foundation and volunteers at Poverello House, United Way, Red Cross and Habitat for Humanity.

Last year, Bank of America employees in Fresno-Central Valley volunteered 3,755 hours to local nonprofits and continue to be significant players in major philanthropic initiatives, including the United Way campaign. The company provided $305,000 last year to local nonprofits providing basic human services such as hunger relief, housing assistance and access to healthcare.

Bank of America Corporate Social Responsibility

Bank of America’s commitment to corporate social responsibility (CSR) is a strategic part of doing business globally. Our CSR efforts guide how we operate in a socially, economically, financially and environmentally responsible way across more than 100 markets around the world, to deliver for shareholders, customers, clients and employees. Our goal is to help create economically vibrant regions and communities through lending, investing and giving. By partnering with our stakeholders, we create shared value that empowers individuals and communities to thrive and contributes to the long-term success of our business. We have several core areas of focus for our CSR, including responsible business practices; environmental sustainability; strengthening local communities with a focus on housing, hunger and jobs; investing in global leadership development; and engaging through arts and culture. Reaffirming a commitment to develop and sustain a culture of service, bank employee volunteers contributed more than 1.5 million hours in 2011 to enhance the quality of life in their communities worldwide. Learn more at www.bankofamerica.com and follow us on Twitter at @BofA_Community.

For more Bank of America news, visit the Bank of America newsroom.

www.bankofamerica.com

Copyright Business Wire 2010

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