As Chairman and Chief Executive Officer at Bank of America, the nation's second largest bank, Brian Moynihan is undeniably one of the most powerful bankers in the U.S. Moynihan has held the post since January 2010, previously serving in various executive capacities for the company and its predecessors since he first came onboard in 1993. He is also a member of the Federal Advisory Council of the Federal Reserve Bank and the Congressional Medal of Honor Foundation Board. Beyond finance and banking, Moynihan lends his expertise to various organizations as a member of the Museum Council for the Smithsonian's National Museum of African American History and Culture, and has also worked with nonprofit The Haitian Project for many years. Moynihan was named Chief Executive magazine’s 2020 CEO of the Year.
Moynihan's leadership in the boardroom can be traced back to his days at Brown University. Unlike many of his well-heeled, New England-based peers, Moynihan came from modest means and hadn't even visited the beautiful Rhode Island campus before accepting the offer to attend. At Brown, Moynihan's athleticism opened some doors. He played football his first fall semester, and after the season concluded, was convinced by some friends to switch to rugby. During his junior year, he was voted co-captain and helped his team win the Ivy League championship. His rugby coach, Jay Fluck ('65), remembers him as clever and smart, blessed with good decision-making skills and a tremendous amount of leadership capacity. “The lessons of leadership do transfer—how to motivate people, how to try to get people to do more than a team can do apart,” Moynihan said whilst identifying ways his Brown rugby experience transferred favorably to his corporate environment. “You can only win in rugby if you play as a team. I mean, every person has to carry the ball, every person has to tackle, every person has to pass the ball, so you have to work as a team.” In 1981, Moynihan graduated from Brown University with a Bachelor of Arts in history.
Moynihan's affection for his alma mater has never waned during the many years that separate him now from his glory days on the rugby field. He has given back in multiple ways, always generous with his time and talents. He was elected to serve on the Brown Corporation Board of Fellows after serving on the Board of Trustees from 2010 to 2016. Previously, he also served as a member of the President's Leadership Council. Furthermore, Moynihan continues to keep up with his old Brown teammates, who reunited in 2004 to help raise just under $1 million to build the Brown Rugby Field, which continues to play a crucial role in the continuing success of his alma mater.