Business

BofA names Charlotte-N.C. market president

CHARLOTTE -- Bank of America on Wednesday named a new Charlotte and North Carolina market president after moving the recently appointed current executive to Atlanta.

Charles Bowman will take on the post that serves as the bank's face for charitable giving and community activities in its home city and state. He will continue in his role as global compliance executive, reporting to chief risk officer Amy Brinkley.

Milton Jones had taken on the job this summer after the retirement of Graham Denton. He will now preside over the Atlanta and Georgia markets and continue his role as financial services executive, reporting to chief financial officer Joe Price.

Jones, a veteran executive who led the Atlanta market from 2001-2003, replaces Gene Goldbold, who will continue to head commercial real estate banking.

"Charles is an outstanding leader with strong ties to North Carolina and to Charlotte," Brinkley said in a statement. "His efforts to drive our compliance strategy and initiatives have made us a stronger company and his reputation as a leader in our industry and community will create tremendous value for both the company and the market."

Bowman grew up in Thomas-ville, N.C. and has bachelor's and law degrees from UNC-Chapel Hill. He has a master's degree in public policy from Duke University.

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