Columbia Management, investment
management unit of Bank of America, has appointed Amanda H. Grant, as its head of institutional client service. She was previously head of global relationship management at Babson Capital Management LLC. Grant replaces Bill Brown, who is retiring from the company at the end of the
Columbia Management today announced the
appointment of Amanda H. Grant, as its Head of Institutional Client Service.
Grant, a 20-year industry veteran, is responsible for all aspects of client
service, leading a team of service professionals focused exclusively on
Columbia Management's institutional accounts.
She joins the organization from Babson Capital Management LLC, where she was
the head of global relationship management. Grant will be based in Boston and
report to Michael Jones, head of distribution for Columbia Management.
Institutional assets under management for Columbia Management and affiliates
as of December 31, 2006 were $244.7 billion.
"Amanda has the right combination of skills, experience and leadership to
further strengthen our relationships with an increasingly global
institutional client base," said Mike Jones. "She will play a key role in our
effort to deliver clients strong investment performance, an expanding set of
traditional and alternative products, and world-class service."
Previously, Grant founded and served as a principal of Middleton, New
Jersey-based Currant Associates LLC, a client service consultancy for asset
management organizations. Prior to that role, she was a senior vice
president and manager of institutional client relations for Mitchell
Hutchins, a subsidiary of UBS Global Asset Management. Earlier in her career,
she was a senior relationship manager for Oppenheimer Capital in New York.
She began her financial services career as a marketing associate in the
Institutional Investment Services division for Shearson Lehman Hutton.
Grant replaces Bill Brown, who is retiring from the company at the end of the
Columbia Management, based in Boston, MA, is the primary investment
management division of Bank of America. Columbia Management, which offers
products across an array of asset classes and investment styles to both
individual and institutional investors, is focused on delivering strong
investment performance and superior client service. As of December 31, 2006,
Columbia Management and affiliates had $542.9 billion in assets under
Bank of America is one of the world's largest financial institutions, serving
individual consumers, small and middle market businesses and large
corporations with a full range of banking, investing, asset management and
other financial and risk-management products and services. The company
provides unmatched convenience in the United States, serving more than 55
million consumer and small business relationships with more than 5,700 retail
banking offices, through more than 17,000 ATMs and award-winning online
banking with more than 21 million active users. Bank of America is the No. 1
overall Small Business Administration (SBA) lender in the United States and
the No. 1 SBA lender to minority-owned small businesses. The company serves
clients in 175 countries and has relationships with 98 percent of the U.S.
Fortune 500 companies and 80 percent of the Global Fortune 500. Bank of
America Corporation stock (NYSE: BAC) is listed on the New York Stock
(1)Columbia Management and its affiliates comprise the wealth and investment
management division of Bank of America Corporation. As of December 31, 2006,
Columbia Management and its affiliates managed assets of $542.9 billion.
Columbia Management and its affiliates managed assets consists of assets
under the discretionary management of the three registered investment
advisors, Columbia Management Advisors, LLC ($345.0 billion), Columbia Wanger
Asset Management, L.P. ($32.9 billion) and Marsico Capital Management, LLC
($83.6 billion); the Bank of America Private Bank; Banc of America Investment
Services, Inc;, Banc of America Investment Advisors, Inc;, Bank of America
Capital Advisors, LLC, and Premier Banking and Investments.
Columbia Management Group, LLC ("Columbia Management") is the investment
management division of Bank of America Corporation. Columbia Management
entities furnish investment management services and products for
institutional and individual investors. Columbia Funds are distributed by
Columbia Management Distributors, Inc., member NASD and SIPC. Columbia
Management Distributors, Inc. is part of Columbia Management and an affiliate
of Bank of America Corporation.
SOURCE: Bank of America
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