Bank of America named Carolyn Rainey President of Bank of America Charlottesville.
As President, Rainey will be responsible for connecting the banking and investment resources offered through the bank’s eight lines of business to people and companies across Charlottesville. She 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.
“During the past 39 years, Carolyn has established deep relationships with teammates, clients and the Charlottesville community to deliver responsible growth, and in this new role will help ensure we continue to be a great partner in the region,” said Brian Moynihan, Chief Executive Officer, Bank of America.
Since joining Bank of America in 1983, Rainey has worked in a number of areas including marketing, technology, operations, regulatory relations, retail and small business banking prior to becoming the Charlottesville Market Executive four years ago.
A Charlottesville native, Rainey is active in the community. She currently serves as a Salvation Army Advisory Board Lifetime Member, as board chair for the Paramount Theater and vice chair of the Jefferson School Foundation, and is a Cherie Blair Foundation for Women mentor. She earned her undergraduate degree from Queens University of Charlotte and her master’s degree Louisiana State University.