Bank of America Asset Management Group - Biograpy



Richard M. DeMartini is president of the Bank of America Asset Management Group. This group provides investment management services to individuals and institutions through Banc of America Capital Management, Inc., a full range of financial services, including fiduciary and credit services, to high−net−worth individuals and families through the Private Bank, Trust Company and Private Client Services, and retail brokerage services through Banc of America Investment Services, Inc. He also is a member of the Bank of America Risk and Capital and Operating Committees. DeMartini most recently served as chairman and chief executive officer of the International Private Client Group at Morgan Stanley Dean Witter, a position that encompassed all of the firm's activities relating to the gathering of investment assets and sale of securities to individual investors internationally. He also was a member of the Morgan Stanley Dean Witter Management Committee. His career at Morgan Stanley Dean Witter spanned more than 26 years and included roles as president of Individual Asset Management and president of Dean Witter & Company, Inc. DeMartini has served as chairman of the board of the Nasdaq Stock Market, Inc. and vice chairman of the board of the National Association of Securities Dealers, Inc. He currently serves as a trustee of the Cancer Research Institute and as a director of Graham Windham, New York's oldest social service agency. DeMartini is a graduate of San Diego State University with a bachelor's degree in marketing.