Bank of America Names Gregory T. Garcia Partnership Executive for Cybersecurity and Identity Management

May 19, 2010, 09:45 ET from Bank of America

CHARLOTTE, N.C., May 19 /PRNewswire/ -- Bank of America announced today that Gregory T. Garcia, formerly assistant secretary for the Office of Cybersecurity and Communications (CS&C) in the Department of Homeland Security, has been named partnership executive for cybersecurity and identity management.

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Garcia will lead the bank's relationships with public and private partners in cybersecurity and identity management, and will contribute to the bank's strategies in those areas.

Bank of America Chief Technology Officer Marc Gordon said Garcia's new role emphasizes the bank's commitment to a leading role in public and private partnerships. "Cybersecurity and identity management have become global issues that require us to work with private and public partners across industries and borders to help us protect our customers," Gordon said.

"We're pleased with the progress we've made in solid, useful partnerships across all sectors, and we're confident adding Greg to the team will help us accelerate that progress and strengthen those bonds of partnership and mutual effort."

Based in Washington D.C., Garcia will report to Enterprise Information Management Executive Christopher P. Higgins.

"Our team of cybersecurity and identity management professionals contributes technological strength, professional expertise and leadership to the global cybersecurity effort," Higgins said. "And, that effort will be enhanced by adding a leader of Greg's caliber and experience."

Garcia was most recently president of Garcia Strategies, LLC, a strategic business and government affairs consulting firm.

From 2006 to 2008, he served as the first presidentially-appointed assistant secretary for CS&C in the Department of Homeland Security. CS&C supports government efforts to enhance cyber and network security and to align national communications security strategy with changing risks. Garcia led CS&C's strategic direction and oversaw the National Cyber Security Division, the Office of Emergency Communications, and the National Communications System.

He also established the Office of Emergency Communications, which collaborated with stakeholders across the country to develop the first National Emergency Communications Plan, as well as state and territory plans, to drive interoperable emergency communications for federal, state and local first responders.

Garcia said he is looking forward to working with his new Bank of America teammates and the bank's many external partners.

"Cybersecurity and identity management issues affect all of us, so I'm pleased to join a company that has demonstrated leadership in these important areas," Garcia said.

"The bank has already enjoyed substantial success in its many working partnerships, both public and private, at all levels, and my goal is to make those partnerships stronger and even more effective," he said.

Bank of America

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 approximately 58 million consumer and small business relationships with more than 5,900 retail banking offices, more than 18,000 ATMs and award-winning online banking with nearly 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 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 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.

Reporters May Contact:

Caroline Sciolino, Bank of America, 1.904.619.6583

SOURCE Bank of America