Bank of America recently announced the promotion of 334 employees to the prestigious position of managing director.
![](https://krugmaninsights.com/wp-content/uploads/2023/12/01-Bank-of-America-1024x576.webp)
This represents an 8% decrease compared to the previous year. The company has been actively working to enhance diversity and ensure that women and individuals from underrepresented backgrounds are well-represented in senior positions.
For the fourth year in a row, more than half of those promoted were women