U.S. Bank in Minneapolis said Tuesday that it has hired Rudy Medina, formerly of Bank of America, to lead its Southern California market.

Medina, who was chief operating officer for the business banking division at Bank of America, succeeds Sean Foley as president of the Southern California market. Foley, who is resigning this month, had held the job since 2006.

The $417 billion-asset U.S. Bank operates more than 400 branches and has more than 4,300 employees in its Southern California market. Medina will be based in Los Angeles and direct commercial banking.

"Southern California is an important market for U.S. Bank," Richard Davis, the chairman and chief executive of U.S. Bancorp, said in a press release. "We're pleased that Rudy has joined us to help expand our leadership role and community presence in the area."

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Corrected March 2, 2016 at 8:49AM: An earlier version of this article incorrectly stated that Sean Foley was retiring.