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Banking | Finance 2024: LAWRENCE ‘LARRY’ DI RITA

GREATER WASHINGTON, D.C., MARKET PRESIDENT, BANK OF AMERICA, WASHINGTON, D.C.

//August 29, 2024//

Banking | Finance 2024: LAWRENCE ‘LARRY’ DI RITA

GREATER WASHINGTON, D.C., MARKET PRESIDENT, BANK OF AMERICA, WASHINGTON, D.C.

// August 29, 2024//

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Di Rita has led the greater Washington D.C., market for Bank of America since 2019. He’s also the bank’s head of global public policy. 

Di Rita joined the bank as an external affairs executive in 2006 after previously making a name for himself in the U.S. Navy and the federal government. 

From 1980 until 1993, Di Rita served in the Navy, with his final active-duty assignment as a politico-military planner for the Joint Chiefs of Staff. After his military service, he was deputy director of foreign policy and defense studies at The Heritage Foundation, an influential conservative think tank, and was policy director for the 1996 presidential campaign of U.S. Sen. Phil Gramm. From 2001 to 2006, he was special assistant to Secretary of Defense Donald H. Rumsfeld. He joined Bank of America as senior vice president of external affairs.

Bank of America posted $26.5 billion in net income in 2023, a 4% drop from 2022, and had $3.18 trillion in total assets, up 4% compared to 2022. 

ONE THING I’D CHANGE ABOUT VIRGINIA:  A few more bridges (and some tunnels) across the Potomac. Even if just for rush hour!

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