Bank of America Names David W. Kaiser Southern New Jersey Market President

PRINCETON, N.J., Sept. 17 /PRNewswire/ -- Bank of America New Jersey President Ann M. Limberg today announced that David W. Kaiser has been named market president for Southern New Jersey.

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As market president, Kaiser will provide business, civic and philanthropic leadership for Bank of America throughout Southern New Jersey. He will work to strengthen communication and integration among the company's local business lines and strive to continuously improve customer experience, grow revenue in the region and represent Bank of America in the community.

"Bank of America is very fortunate to have an outstanding leader, civic champion and experienced banker like David to lead our team in Southern New Jersey," said Limberg. "We are very excited to have him step into this critical role. Southern New Jersey is an important market for Bank of America."

As market president, Kaiser will lead a cross-functional team of seasoned banking leaders with many years of experience in the community. In addition to his market president duties, Kaiser will continue to serve as the Business Banking market executive for Central and Southern New Jersey. Business Banking provides a full array of client-managed services to businesses with annual revenues in the $2.5 million to $20 million range.

Kaiser, a 21-year veteran of the banking industry, began his Bank of America career in 1990 with the legacy institution United Jersey Bank. Since then, he has held a number of leadership positions in the Commercial, Corporate and Business Banking units of the company. He has served as the Business Banking market executive for Central and Southern New Jersey since 2004.

Kaiser holds a Bachelor's Degree in Finance and Business Economics from the University of Notre Dame and an MBA from Rider University. He is active in the community and currently serves as Board President of the Community Arts Partnership at the Peddie School in Hightstown, N.J. He has previously served on McCarter Theater's Associate Board and spent many years as a volunteer with the Hamilton Area YMCA.

David and his wife, Nadine, live in Hamilton Square, New Jersey with their two children.

Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving 57 million consumer and small business relationships with more than 5,700 retail banking offices, more than 17,000 ATMs and award-winning online banking with more than 22 million active users. Bank of America is the No. 1 overall Small Business Administration (SBA) lender in the United States and the No. 1 SBA lender to minority-owned small businesses. The company serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 80 percent of the Fortune Global 500. Bank of America Corporation stock is listed on the New York Stock Exchange.