Jim Mahoney: Power List 2015

Global corporate comms and public policy executive, Bank of America

2015 rank: 19
2014 rank: 21

By Anne Finucane, global chief strategy and marketing officer, Bank of America

The banking industry continues to strengthen since the economic crisis of 2008-2009. Still, members of the public, policymakers, and our customers want to know how we have changed and improved.

Jim is the man for this moment; an unflappable pro with deep roots in the industry. His steady hand during the ups and downs of the crisis and its aftermath helped shape a straightforward story: Today, we are less complex, less risky, with a simple business model focused on the core financial services our customers and clients need.

We operate in about 100 diverse US markets and in capitals around the world. Jim and his team developed disciplined processes to sustain a communications framework market leaders use to drive their business.

He is also a public policy strategist. Jim sees opportunities and is great at marshalling resources to seize them. He’s the architect of our environmental sustainability leadership, by connecting the capabilities of our financial professionals with external demand. This combination led to Bank of America’s $10 billion Catalytic Finance Initiative that CEO Brian Moynihan announced at the 2014 United Nations conference on sustainable development.

Jim is truly an original. His combination of skills and style, including his keen wit, creates a terrific mix of intellectual authority with an unpretentious approach. He avoids sticking his fingers into everything, yet his fingerprints are everywhere.

Jim has quietly redefined corporate communications and public policy at Bank of America. By doing so he has also helped redefine our company.

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