Krupa replaces Athanasia who replaces Phillips at the bank's PB&I division. Bank of America has put Laurie Krupa in charge of its Premier Banking & Investments (PB&I) group in the northeastern U.S. She reports to Dean Athanasia, who was recently made president of PB&I on the retirement of Pat Phillips.

In fact Athanasia moved to the top slot at PB&I from the position Krupa now occupies.

"Bank of America is fortunate to have an experienced financial professional like Laurie to lead our continued efforts to deliver integrated banking and investment services and solutions to affluent clients in this important part of the country," says Athanasia.

Mass affluent

Krupa comes to PB&I from Bank of America's Global Corporate & Investment Banking unit, where she was a client-service executive in its Global Product Solutions group.

In her new role Krupa will oversee the delivery banking, credit and investment products and solutions to PB&I clients in the U.S. Northeast.

PB&I is part of Bank of America's Global Wealth & Investment Management division and a partnership, technically, between Bank of America Premier Banking -- the Charlotte, N.C.-based bank's high-end retail-banking platform -- and Banc of America Investment Services, Bank of America's retail brokerage. It targets clients with between $250,000 and $3 million in investable assets.

There are about 100 dedicated PB&I centers in the U.S. The group is also supported at more than 6,100 Bank of America retail branches. -FWR

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