Sandra M. Dunleavy Joins Alvarez & Marsal Financial Industry Advisory Services as a Managing Director

Former Veteran Bank of America Executive Joins Go-To Performance Improvement,
Turnaround Management and Business Advisory Firm for Financial Institutions
WASHINGTON--(Business Wire)--
As financial institutions continue to navigate the challenges of these
unprecedented times, Sandra M. Dunleavy, former veteran Bank of America
executive, has joined Alvarez & Marsal (A&M) as a managing director in the
Financial Industry Advisory Services (FIAS) group. She is based in the
Washington, D.C. office of A&M, one of the leading independent global
professional services firms specializing in performance improvement, turnaround
management and business advisory services.

"We are thrilled to have Sandy join the team," said Samuel P. Golden, a managing
director and head of FIAS at A&M. "She brings a truly unique set of expertise
having run nearly every banking business unit, from branches to commercial,
mortgage and student lending. Her firsthand experience and wealth of knowledge
will serve as valuable assets to the group, as we remain on the front lines in
helping financial institutions around the country - big and small - work through
the challenges of these extraordinary times."

With more than 30 years of extensive leadership experience in the financial
services industry, Ms. Dunleavy brings a proven track record in turning around
and restructuring underperforming banking business units. In her 26 years with
Bank of America, she held a variety of executive management positions. As the
consumer real estate sales executive, she was responsible for end-to-end
management of all sales channels, including direct-to-consumer and
business-to-business channels. As the consumer executive of the Mid-Atlantic,
she successfully led 290 retail branches with $13 billion in deposits and 2,800
employees. In addition, Ms. Dunleavy successfully led commercial banking groups,
a $9 billion student lending business, retail banking for Bank of America's
247,000 employees and student banking. She also developed and implemented
strategies for several customer segments, as well as execution, communication
and monitoring plans to ensure success.

Ms. Dunleavy earned a bachelor's degree, summa cum laude, and a master's degree
in business administration, cum laude, from the University of Notre Dame. She
established and became Chairman of the Board for Inova, the local children's
hospital, in Fairfax, Virginia. Ms. Dunleavy is certified as a Six Sigma Green
Belt.

About Alvarez & Marsal Financial Industry Advisory Group

For 25 years, Alvarez & Marsal, a leading global professional services firm, has
set the standard for working with organizations to solve complex problems,
improve performance, drive critical change and maximize value for stakeholders.
Alvarez & Marsal Financial Industry Advisory Services (A&M FIAS) brings the full
power of the firm to bear in assisting financial institutions to weather
challenges and position for the next market cycle from a renewed position of
strength. Our integrated team, made up of former bankers and bank regulators,
turnaround managers, real estate advisers, forensic accountants, IT strategists
and others, offers a battle-tested approach to managing and mitigating risk, and
driving value creation in all market cycles. A&M FIAS brings interdisciplinary
regulatory, credit and equity expertise, as well as much needed tactical and
strategic skills, to guide financial institutions through this complex
territory.

A founder of the modern day restructuring industry, Alvarez & Marsal has been
honored numerous times by the Turnaround Management Association and has been
recognized as one of the top ten best firms to work for by Consulting Magazine.
For more information, visit www.alvarezandmarsal.com.

Linden Alschuler & Kaplan, Inc. Public Relations
Suzanne Hallberg, 212-575-4545
or
Alvarez & Marsal
Rebecca Baker, 212-759-4433
Chief Marketing Officer

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