Bank of America Merrill Lynch Employees Volunteer in Tower Hamlets to Help Reach Global Target

Top Quote Hundreds of London-based Bank of America Merrill Lynch employees are volunteering their time to support a host of local community projects in Tower Hamlets. Their efforts are part of a companywide initiative encouraging employees to contribute more than 1.5 million volunteer hours globally in 2012. End Quote
  • (1888PressRelease) May 31, 2012 - In Tower Hamlets specifically, employees volunteered across numerous projects in April as part of Bank of America Merrill Lynch’s ‘Global Service Month’, which is designed to maximise volunteering activity at the bank.

    Some of the projects supported in Tower Hamlets include:

    · 60 students from Queen Mary University of London, London Metropolitan University and University of East London visited Bank of America Merrill Lynch’s City headquarters to take part in a speed networking event, which helped boost students’ confidence and employability skills.

    · Volunteers facilitated a workshop at the company’s Canary Wharf office, where 30 year 9 students aged 13-14 from local secondary school St Paul’s Way, developed their team-building skills.

    · Several teams of volunteers went to Stepney City and Mudchute Farms to help with gardening projects, planting trees and rebuilding large compost boxes to help improve the farms’ sustainability. Volunteers also prepared fields for seeding and preserved the farms’ fencing.

    · The Kipper Project saw volunteers redecorate two hostels in Mile End Road which were in desperate need of repair. They revamped and painted lounges, hallways, stairwells and kitchens.

    “Volunteers from Bank of America Merrill Lynch redecorated two hostels in Mile End Road in East London,” said Giselle Richelieu, floating support worker at The Kipper Project, which provides high quality housing and personal support to young people at risk. “They were absolutely amazing and helped to create something really special for the residents. It was great to see the young people connecting with the volunteers and discovering new talents and interests.”

    “The goal to exceed 1.5 million hours of volunteering is ambitious, and Global Service Month was an opportunity for us to refocus our efforts on this target and collectively make a difference,” said Camilla Fletcher, head of Philanthropy, EMEA at Bank of America Merrill Lynch.

    Bank of America Merrill Lynch’s philanthropic programmes are designed to help develop sustainable communities around the world by leveraging employee involvement and engaging stakeholders. The company has committed to donating US$2 billion over 10 years to nonprofit organisations worldwide. In Tower Hamlets, long-term projects include the company’s ‘Financial Education and Employability’ and ‘Your Financial Future’ programmes with partner schools including Bow School and Mulberry School for Girls and Swanlea Business and Enterprise College as well as Osmani and Marner Primary Schools.

    Bank of America Merrill Lynch Corporate Social Responsibility

    Developing solutions for social and environmental challenges is at the core of Bank of America Merrill Lynch’s Corporate Social Responsibility (CSR) strategy. In more than 100 markets around the world, we partner with shareholders, clients, customers and employees to create shared value that empowers individuals and communities to thrive, whilst simultaneously contributing to the long-term success of our business. Our CSR platform focuses on: responsible business practices, environmental sustainability, advancing opportunity in local communities through education and employability programmes, investing in global leadership development, and promoting cultural understanding. By harnessing our intellectual capital, sharing knowledge and developing innovative solutions, we can provide opportunities that effect positive change for all. Learn more at and follow us on Twitter at ( @ ) BofA_Community dot

    For more Bank of America news, visit the Bank of America newsroom.

    Reporters May Contact:

    Ben Burton, Weber Shandwick, +44 (0) 20 7067 2451
    bburton ( @ ) webershandwick dot com

    Julia Harris, Weber Shandwick, +44 (0)20 7067 0434
    jharris ( @ ) webershandwick dot com

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