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Bank of America Names New NH President

Published Tuesday Jan 7, 2025

Author BNH Staff Report

Matt Reilly, the new NH president of Bank of America. (Courtesy photo)


Bank of America named Matt Reilly as president of Bank of America NH. He succeeds Ken Sheldon, who led Bank of America's NH market for nearly 14 years and will continue as global commercial banking senior relationship manager.

Reilly will also oversee the bank’s efforts to grow market share and deploy the company’s resources to help advance economic mobility and build strong communities.

“Ken has had a tremendous impact over the last 14 years delivering the full breadth of Bank of America to our New Hampshire clients and community, and growing market share. We thank him for his leadership and look forward to continued growth and success with Matt becoming the next New Hampshire president,” says Brian Moynihan, Bank of America chairman and CEO. “Matt is well positioned to help our New Hampshire clients improve their financial lives and deliver responsible growth.” 

Reilly joined the company in 2014 and has more than 20 years of leadership experience across multiple industries. He will continue to serve as consumer banking market leader where he oversees the operations, performance and growth of financial centers across the region. Reilly has worked alongside Sheldon serving as a key member of the local leadership team. 

During Sheldon’s tenure as president, he oversaw more than $8 million in philanthropic support to local nonprofits, including a $500,000 anchor grant to spearhead the new Nashua Center for the Arts and Bank of America Theater. He has served on the boards of numerous organizations.

Reilly serves on the board of directors of Boys & Girls Club of Manchester. 

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