New CEO for Bank of America

- Alastair Marsh
- 17 Dec 2009

Brian Moynihan will replace Ken Lewis as chief executive of Bank of America on January 1.

Moynihan, who is currently president of consumer and small-business banking, was elected to the top role by the bank's board yesterday.

The Charlotte-based firm has been on the lookout for a successor to Lewis since September, when he announced his resignation effective December 31 after eight years at the

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