President, Bank of America Chicago, and Private Bank Midwest and Mid Atlantic Division Executive
Bank of America
Industry:
Financial Services
Member since:
2022
Membership Type:
Full
Rita Cook is a Managing Director and President of Bank of America Chicago, as well as Division Executive for the Midwest and Mid Atlantic Division of Bank of America Private Bank. Drawing on more than twenty-five years with the firm, she provides strategic direction and sustained leadership in overseeing the delivery of impactful banking and wealth-management capabilities to individuals, families, businesses and institutions.
As President of Bank of America Chicago, Rita is responsible for connecting people and companies across Chicagoland to the suite of banking and investment resources offered by the Bank’s lines of business. In addition, she leads the Bank’s efforts in addressing social concerns, strengthening economic opportunities, building strong communities and facilitating the well-being and engagement of local employees.
Rita also serves as the Division Executive for the Midwest and Mid-Atlantic Division of Bank of America Private Bank. In this capacity, she leads the Division in providing a differentiated caliber of strategy, advice and service to high-net-worth and ultra-high-net-worth clients, helping to advance their distinctive priorities with care and customization.
Since joining Bank of America in 1997, Rita has taken on increasing responsibilities in finance, management and operations, gaining diverse
client-segment and product expertise. Prior to her current role, she served as the Global Banking and Markets Anti-Money-Laundering Executive, the Global Commercial Banking Midwest Region Executive and the Global Commercial Banking Chief Operating Officer. She holds a bachelor’s degree in accounting from Governors State University.
Rita is active in the Chicago community and has been recognized for her leadership and contributions in finance and banking by Crain’s Chicago Business, the Daily Herald Business Ledger and Crain’s Detroit Business. She serves on the board of directors for the Chicago Zoological Society, is a member of the Chicago Civic Committee and a Trustee for the Chicago Community Trust.
Rita lives with her husband and daughter in Mokena, Illinois