Bank of America names Michael Garand president of Worcester

Bank of America Names Michael Garand president of Bank of America Worcester. As president, Garand will lead the Worcester market and be responsible for connecting customers, colleagues and communities to the bank’s eight lines of business and the full power of Bank of America. Garand succeeds Ed Shea, who will retire at the end of this month after 39 years of service, 18 of them as president of Worcester.

Garand has more than three decades of experience in financial services and joined Bank of America in 2007. In his new role, Garand will also lead the bank’s work to increase market share and its efforts to deploy the company’s resources to to help advance economic mobility and build strong communities.

“Throughout his 15-plus year career at Bank of America, Michael has established deep relationships with teammates, customers and the Worcester community,” said Brian Moynihan, president and CEO of Bank of America. “Michael is perfectly positioned to build on the legacy and impact that Ed has established in his nearly four decades with Bank of America. I thank Ed for his leadership and wish him the best in the next chapter of his life.”

In addition to his responsibilities as president of Worcester, Garand is a managing director and private client advisor at Bank of America Private Bank, leading a local team of specialists and using his skills and knowledge to help clients manage their heritage.

As a longtime resident of Worcester, Garand is active in the community and demonstrates a strong commitment to Worcester. He is a board member of the Worcester Regional Chamber of Commerce. Additionally, he is an active member of the Worcester Estate and Business Planning Council and the Worcester Economic Club. He also serves on the Southborough Boy Scout troop committee. Garand has a bachelor’s degree in business management from Providence College.

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