Only one African makes it to BoA's new council

Only one African has made it to a newly formed 13-member Bank of America (BoA) Global Advisory Council‚ the bank announced in Davos‚ Switzerland on Friday, 25 January 2013. The World Economic Forum is currently taking place in Davos.

Jonah Capital Ltd founder and chairman and AngloGold Ashanti former executive president, Sam Jonah from Ghana was the only African among the 13 internationally recognised members of the council hailing from business‚ academic and public policy sectors.

Chaired by BoA CEO, Brian Moynihan‚ the council will advise senior bank executives on trends and emerging opportunities in local markets.

"Bank of America has relationships with clients who compete in every region of the globe‚" said Moynihan. "We thank our Global Advisory Council leaders for sharing their perspective‚ experience‚ and judgement‚ which will help make us a better partner for the clients we serve."

The council will also share expertise and insights on the bank's global engagement and help it further strengthen its worldwide relationships‚ Bank of America said.

Other council members are from the US‚ Kuwait‚ Australia‚ France‚ Germany‚ Japan‚ Turkey‚ and Brazil‚ Hong Kong‚ South Korea.

The BoA Global Advisory Council will hold its inaugural annual meeting in Hong Kong in early March.