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Thong M. Nguyen

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Thong M. Nguyen | President, Retail Banking Co-head, Consumer

Thong Nguyen, President, Retail Banking Co-head, Consumer

Thong M. Nguyen is president of Bank of America’s Retail Banking business and is a member of the company’s executive management team. He also leads Bank of America’s Enterprise Payments strategy and is the San Francisco-East Bay area president.

Nguyen oversees the operations of Bank of America’s coast-to-coast financial center, contact center and ATM networks, the nation’s leading digital banking platform with nearly 35 million users, including over 24 million active mobile users, and Military Affairs Banking Overseas. His team is responsible for providing a full range of financial products and services to 67 million customers.


Previously, Nguyen was the Strategy, Sales and Operations executive for Consumer Banking at Bank of America. Prior to that, he was BAC’s Corporate Strategy, Planning and Development executive and was responsible for M&A/dispositions activities, New BAC (the bank’s long-term initiative to simplify operations and reduce costs), the BAC Private Equity portfolio, and the China Construction Bank Strategic Assistance effort.


Prior to his role in Corporate Strategy, Nguyen held various operational roles as West Division executive for U.S. Trust, overseeing the wealth management business; head of Fiduciary Solutions at U.S. Trust; head of Private Advisory Services at Global Private Banking; Global Corporate and Investment Banking business executive; and head of Global Wealth and Investment Management’s Marketing and Business Development groups.

Before joining Bank of America, Nguyen worked at GE Capital and McKinsey & Co. Nguyen received a B.S. in mechanical engineering and an MBA in finance and marketing from Columbia University.

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