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News & Updates

02/22/21

Council News

Announcement -- New Council Chair, Brian Moynihan

February 23, 2021

Brian Moynihan

Mr. Brian Moynihan Announced Chairman of the Council on Competitiveness

We are honored to announce that Brian Moynihan, Chairman and CEO of Bank of America has been elected Chairman of the Council on Competitiveness. Mr. Moynihan leads a team of more than 200,000 employees dedicated to making financial lives better for people, companies of every size, and institutional investors across the United States and around the world.

Under his leadership, Bank of America is widely recognized as one of the nation’s top employers - from Working Mother magazine and Military Times. The company is also listed on Fortune magazine's list of the Best Workplaces for Diversity and the Best Workplaces for Parents. It was also named one of the Best Places to Work for Disability Inclusion by the U.S. Business Leadership Network and the American Association of People with Disabilities. In 2018, Euromoney recognized Bank of America as the World's Best Bank and the World's Best Bank for Diversity and Inclusion, as part of their annual Global Awards for Excellence.

Mr. Moynihan participates in several organizations that focus on economic and market trends, including the World Economic Forum International Business Council, the Financial Services Forum and the Bank Policy Institute (chair of both), the Business Roundtable, and the American Heart Association CEO Roundtable (co-chair). He is also a member of the Federal Advisory Council of the Federal Reserve Bank. Moynihan leads the company's Global Diversity and Inclusion Council and is a member of the museum council for the Smithsonian's National Museum of African American History and Culture. Moynihan is also a member of the Brown University Corporation's Board of Fellows and the Congressional Medal of Honor Foundation Board.

Since 2019, Mr. Moynihan has been the Industry Vice Chair of the Council on Competitiveness, and he remains one of the co-chairs of the Council’s flagship initiative which he launched that year, the “National Commission on Innovation and Competitiveness Frontiers.”

To read the full press release, please click here.

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