As Bank of America’s Minneapolis/St. Paul market president, Katie Simpson serves as the company’s enterprise leader by working across the region to connect its business lines to deliver integrated financial services to individuals, families and businesses.
Simpson also leads Bank of America’s environmental, social and governance work in the market, which leverages the unmatched capabilities of the company to help partners, people, communities, and a broad client and customer base to more effectively address a wide range of issues.
“Katie and our team in Minneapolis/St. Paul are delivering on our responsible growth strategy by helping our customers and clients live their financial lives through the power of every connection we can make with them,” said Brian Moynihan, chief executive officer, Bank of America.
In addition to her responsibilities as market president, Simpson is the market executive for Global Commercial Banking covering Minnesota, Wisconsin and North Dakota, leading a team of middle-market professionals who leverage the product breadth, industry expertise and global presence of the bank to deliver integrated financial solutions to mid-sized companies and institutions in the state.
Simpson joined Bank of America in 2007 and spent time in various lines of business, supporting both commercial clients and high net worth individuals. She has a bachelor’s degree in political science from Trinity College and an MBA in finance from the University of North Carolina Kenan-Flagler Business School.
Bank of America’s Minneapolis/St. Paul employees last year volunteered more than 5,550 hours to support local nonprofits, and the company’s philanthropic giving helped local organizations develop and grow, including those that provide basic human services such as hunger relief, housing assistance and workforce development. The company’s philanthropic support includes City of Lakes Community Land Trust, EMERGE, Second Harvest Heartland, and College Possible.