GLOBAL COMMERCIAL BANKING EXECUTIVE, BANK OF AMERICA MIAMI MARKET PRESIDENT, MIAMI
Schaefer, born in New York, joined BOA’s management training program 31 years ago after graduating from the University of Miami business school and has spent his entire career at the bank. He leads the bank’s philanthropic efforts and has served as chair of the Greater Miami Chamber of Commerce and chair of the United Way of Miami board. He and the bank are supporters of United Way and Camillus House, which provides services to the indigent and homeless populations in Miami. Earlier this year, BOA donated a former branch office to the Sant La Haitian Neighborhood Center.
“Technology and finance are very relevant to our industry,” Schaefer told a UM’s business school publication. In hiring new bankers, he says, “I also look for candidates who are adaptable, persistent, resilient and comfortable working in a constantly changing environment.”