The public face of Bank of America Kansas’ leadership team has changed.
Since the June departure of the bank’s top commercial lender, David May, another member of the bank’s local leadership team has left.
Rich Jiwanlal, senior vice president, joined Raytheon Aircraft Co. last month as vice president of human resources.
Bank officials locally and nationally say the departure of May and Jiwanlal within a span of about two months is nothing more than coincidence.
But they do acknowledge that one, if not both, of those posts will be filled by people no longer based in Wichita.
May’s post has been filled by Lafayette J. Ford III, who came to the top commercial lender position from Bank of America in Chicago.
Ford is based out of the bank’s Kansas City market and has oversight of the same three markets that May did, and Nebraska.
“(Wichita) is a very, very important market to us,” Ford says.
Ford adds that the bank has also hired former Bank IV officer Scott Ochs, who starts Sept. 26 as a senior vice president in commercial lending.
Rob Allison, Bank of America Kansas president, says the only reason May was based in Wichita was because he wanted to live here. When he left, Allison says, it made sense to locate the position in Kansas City, which is central to the Kansas and Iowa markets.
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Phil Martens, group vice president for product creation for North America, and Matt DeMars, vice president for North American vehicle operations, have communicated that they will leave the company, said spokesman Oscar Suris.
Martens has been with Ford since 1987, and DeMars since 1978.
"[Chairman and Chief Executive Officer] Bill Ford
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