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B OF A'S BOTTOMS NAMED GROUP EXECUTIVE VICE PRESIDENT

 SAN FRANCISCO, March 10 /PRNewswire/ -- Bank of America's Timothy R. Bottoms has been named a group executive vice president and head of the United States Division by the bank's board of directors. He is responsible for the bank's investment banking, trading and corporate banking businesses throughout the United States and reports to Vice Chairman David Coulter.
 "Tim is an extremely well-qualified corporate banker with international and domestic experience, and we are fortunate to be able to draw upon his expertise in setting the direction of and leading the U.S. Division," Coulter said of the appointment.
 Bottoms, 51, had managed the U.S. Division's Credit Products Group since January 1992. Prior to that, he had served as chief credit officer in the bank's World Banking Group, where he was responsible for ensuring the quality of the bank's wholesale credit portfolio and the effectiveness of its credit process, since 1988.
 Bottoms joined the bank in 1964 as a retail banking trainee and moved to the National Division as a lending officer in 1965. He advanced to vice president-section head in the renamed North America Division and moved to London Branch in 1977, where he was named group vice president-manager of Corporate Lending in 1980.
 He returned to head the North America Division's High Technology Group in 1981, and was promoted to senior vice president and manager of its San Francisco Corporate Office in 1987, the position he held prior to becoming the World Banking Group's chief credit officer.
 Bottoms holds a bachelor's degree in business administration from the University of California, Los Angeles, and is also a graduate of the Dartmouth College School of Credit and Financial Management and Northwestern University's Institute for Management.
 He and his family live in Alamo, Calif.
 -0- 3/10/93
 /CONTACT: Jim Mitchell of Bank of America, 415-622-4314/
 (BAC)


CO: Bank of America ST: California IN: FIN SU: PER

TM -- SF005 -- 4691 03/10/93 12:17 EST
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Publication:PR Newswire
Date:Mar 10, 1993
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