RESOLUTION
WHEREAS, Timothy P. Maloney, a prominent member of Chicago's financial community, has announced his retirement from Bank of America; and
WHEREAS, The Chicago City Council has been informed of this milestone by Alderman Edward M. Burke; and
WHEREAS, Timothy P. Maloney served as Illinois President of Bank of America where he led the bank's philanthropic, civic and community affairs and business efforts across the state; and
WHEREAS, Timothy P. Maloney was also Central Division Executive for U.S. Trust, Bank of America Private Wealth Management; and
WHEREAS, In that role, Timothy P. Maloney oversaw the bank's efforts to serve the wealth management needs of high net worth individuals and families within the Central Division; and
WHEREAS, From 2005 to 2007, Timothy P. Maloney was President of Banc of America Investment Services, Inc.; and
WHEREAS, Since 2001 Timothy P. Maloney has been President of the Central Region for The Private Bank of Bank of America; and
WHEREAS, Before joining Bank of America, Timothy P. Maloney worked for more than 20 years in the financial service industry where he was a Financial Advisor, Branch Manager and Regional Sales Director with Dean Witter Reynolds, and a Regional Director and Executive Director with Morgan Stanley; and
WHEREAS, Timothy P. Maloney graduated from Amherst College and earned a master's degree from the University of North Carolina at Chapel Hill; and
WHEREAS, Timothy P. Maloney is a member of the Civic Committee of the Commercial Club of Chicago, the Economic Club of Chicago and a founding bank member of the Chicago Community Trust; and
WHEREAS, Timothy P. Maloney is on the boards of The Art Institute of Chicago, United Way of Metropolitan Chicago, Chicago Urban League, and The Whitehead Foundation in New York; and
WHEREAS, The hard work, sacrifice and dedication of Timothy P. Maloney serve as an example to all; now, therefore
BE IT RESOLVED, That we, the Mayor and the members of the Chicago City C...
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