Bank of America has continued its recent wave of executive reorganization by promoting Michael A. Jones to lead Columbia Management, the firm’s mutual fund division.

Last month, the bank named Brian Moynihan as president of global corporate and investment banking, replacing Gene Taylor. Keith Banks, president of Columbia Management, took Moynihan’s old job as head of global wealth and investment management.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.