California Division Executive, Consumer Banking & Investments, Bank of America
WHY: Oversees 870 branches—referred to as “retail financial centers” by BofA— with about 8.7K employees. Represents a fifth of the bank’s entire consumer retail workforce. BofA has relationships with one out of every two California households, deposits of $237B.
RECENT: Named to post in July. Predecessor worked out of San Francisco, but Ladera Ranch resident Sederquist staying in OC. Newport Center office.
NOTABLE: Grad of Stanislaus State, business degree. Started at Morgan Stanley, BofA in 2002, move to OC in 2004.