Mukesh D. Ambani to Join Bank of America Global Advisory Council

Fri Mar 15, 2013 4:05pm EDT

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CHARLOTTE, N.C.--(Business Wire)--
Bank of America Corporation today announced that Mukesh D. Ambani will join the
Bank of America Global Advisory Council in May. Ambani has decided not to seek
another term on the company`s board of directors at its 2013 annual meeting of

Ambani, chairman and managing director of Reliance Industries Limited, will join
13 other internationally recognized business, academic and public policy leaders
who serve on the Global Advisory Council. The council, chaired by Bank of
America Chief Executive Officer Brian Moynihan, is a non-fiduciary body that
shares expertise and insights on the bank`s global engagement. 

"We are very grateful for Mukesh`s contributions to the board and for the global
expertise and perspective he provided," said Chad Holliday, chairman of the Bank
of America board of directors. 

Ambani has served on the Bank of America board of directors since March 2011 and
became a director prior to the establishment of the Global Advisory Council. 

"Our Global Advisory Council is an ideal venue for the company to continue to
benefit from Mukesh`s judgment and insights," Moynihan said. 

Bank of America 

Bank of America is one of the world`s largest financial institutions, serving
individual consumers, small- and middle-market businesses, institutional
investors, large corporations and governments with a full range of banking,
investing, asset management and other financial and risk management products and
services. We serve approximately 53 million consumer and small business
relationships with approximately 5,500 retail banking offices and approximately
16,300 ATMs and award-winning online banking with 30 million active users. Bank
of America is among the world's leading wealth management companies and is a
global leader in corporate and investment banking and trading across a broad
range of asset classes, serving corporations, governments, institutions and
individuals around the world. Bank of America offers industry-leading support to
approximately 3 million small business owners through a suite of innovative,
easy-to-use online products and services. The company serves clients through
operations in more than 40 countries. Bank of America Corporation stock (NYSE:
BAC) is a component of the Dow Jones Industrial Average and is listed on the New
York Stock Exchange. 

For more Bank of America news, visit the Bank of America newsroom.

Investors May Contact:
Kevin Stitt, Bank of America, 1.980.386.5667
Lee McEntire, Bank of America, 1.980.388.6780
Reporters May Contact:
Scott Silvestri, Bank of America, 1.980.388.9921

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