Adelaide "Alex" Sink, president of Bank of America's Florida operations announced an early retirement last week. She will be replaced by Catherine P. Bessant, 39, who is president of consumer real estate and community development banking at Bank of America based in Charlotte.

Ms. Sink, whose last official day will be July 31, said she would be leaving June 30 to pursue political and civic interests.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.