Bank of America has named Tim Huval to the additional role of Delaware market president. Huval will assume the market president role from Ric Struthers, who will focus on his role as President, Global Card Services.
Struthers will continue his local community activities including chairing the Delaware State Chamber and will also maintain his involvement on behalf of the bank as Board member of Bank of America’s Charitable Foundation.
As president, Huval will be the senior executive for local business, civic and philanthropic leadership for Bank of America in Delaware. He will work to strengthen communication and integration among the company’s local business lines, continuously improve the customer experience, grow revenue and represent Bank of America in the community.
In addition to his new responsibilities, Huval also serves as the Card Operations executive for the Bank of America Card Services organization, reporting to Struthers. In this role, he is responsible for Global Consumer Fraud Prevention, Customer Experience, Customer Service, Production Operations, Business Operations and Process Excellence, Consumer Claims and Customer Marketing.
Huval has a diverse professional background, including his previous roles within Bank of America as the Senior Human Resources executive, as well as Chief Information Officer for Global Wealth & Investment Management. He has held various other senior executive leadership roles in the bank.
Huval is an active board member of the United Way of Delaware, the Delaware Children’s Museum and the Delaware Business Roundtable.
“Delaware is a critical market for Bank of America and we are fortunate to have a strong, proven leader like Tim to head our team locally,” says Struthers. “Although I will continue to be very active in the local community, Tim will take on the day-to-day leadership of the local market leadership team. His experience with the bank and his strong civic ties will enable him to be an effective champion for business growth, community investment and neighborhood vitality on behalf of Bank of America.”
L.D.