Andrew M. Sieg Named to BofA Executive Post

September 29, 2009 ( - Bank of America announced that Andrew M. Sieg will be joining the bank as managing director and head of Global Wealth and Investment Management (GWIM) Retirement and Philanthropic Services.

Sieg is based in New York and will report to Sallie Krawcheck, president of GWIM, a news release said. His group is responsible for personal retirement solutions and providing administration, recordkeeping, custodial, communications, consulting and execution services to businesses, organizations, their employees and members, in connection with approximately 40,000 workplace-based benefit plans.

Sieg most recently served as head of Citigroup’s Emerging Affluent Client segment, according to the announcement. Prior to joining Citigroup in 2005, Sieg led Merrill Lynch’s New York International Complex, and previously led Merrill Lynch’s San Diego office complex. In 2000, he was appointed managing director and head of the firm’s Financial Advisory Center, a call center-based offering he helped to create for clients.

Sieg received a bachelor’s degree in economics from Penn State University and a master’s degree in public policy from Harvard Kennedy School.