Bank of America recently announced Donald “Donnie” Cook of North Little Rock has been named Arkansas state president in addition to his role as Little Rock market president. Cook succeeds E. Wilson Moore, who led the state for nine years and will continue in his role as market executive in Middle Market banking.
As state president, Cook will serve as the company’s enterprise leader throughout Arkansas. He will work across the region to help deliver a wide range of global financial services to individuals and businesses locally, as well as deepen relationships with existing customers. He will also oversee corporate social responsibility activities including philanthropic giving, community development lending and investing, environmental initiatives, diversity efforts, arts and culture projects, financial education and employee volunteerism.
“Donnie’s range of experience in financial services, as well as being deeply respected in the Little Rock region, will benefit our customers as he takes on this key leadership role,” said Bank of America Chief Executive Officer Brian Moynihan. “As Arkansas president, Donnie will continue to leverage our local resources and talented team to support the needs of our clients as well as serve the community.”
Cook said he is looking forward to the challenge of his new position.
“It’s an honor for me being born and raised in this State to have been a part of this growth for over 42 years. I am both honored and excited to serve as the Arkansas State President and to work with our great Arkansas employees in continuing this tradition,” Cook said.
Cook added, “I also I want to personally thank Wilson Moore — he’s been a great partner and has led the state over the last nine years.”
In addition to his commercial banking role, he will be working with the bank’s local team to deliver what customers need. “Our focus will be on growth, and with that we will be deepening our relationships with our customers and our communities,” Cook said. “That means connecting not only with them but also with our various lines of business.”
Cook continued, “This is not only an exciting time for me but also the bank. Bank of America went through a period of time where we were focused on making sure we had the capital we needed. We’ve now done that and we are stronger than we’ve ever been.“
In addition to his responsibilities as market and state president, Cook serves as senior vice president for Health Care and Institutional banking in Little Rock. He is responsible for the development and management of commercial banking relationships for not-for-profit entities, religious organizations and not-for-profit health care.
Cook has more than 40 years of banking experience with Bank of America. During his career, his roles have included management responsibilities in treasury management, correspondent banking, commercial lending, consumer banking, government banking and specialized industries. A native of North Little Rock, he attended the University of Central Arkansas in Conway as well as completed various Bank Administration Institute educational courses.
He currently serves on the boards of Economics Arkansas and Fifty for the Future, and as Secretary of Central Arkansas Boys and Girls Club Wetherington Foundation. He is also senior board member of Central Arkansas Boys and Girls Club and the State of Arkansas War Memorial Stadium Commission.