Monday, November 20, 2017
Strength and Passion Guides BOA Executive Gail Lannoy
By Xavier Higgs Sentinel Contributing Writer
Published March 6, 2014

Gail Lannoy is a wife and mother at home and women advocate in community

Gail Lannoy, Community Development Banking West Region Market Executive, Bank of America Los Angeles catapulted her profile with savvy business moves and strong leadership.

She began working at Bank of America in 1998 as a relationship manager in Community Development Banking Syndicator Finance.

The senior executive Lannoy, has demonstrated characteristics which are essential to her success that is rooted in toughness and compassion. She also is an expert at stage-managing bank staff and clients.

Striking a balance in relationships at home and work are important to Lannoy. She also understands, like investments, the more work you put into your relationship, the more you get out of it.

“My mentor John Grey, formerly of First Interstate Bank, took a risk and hired me,” Lannoy recalls. “I told him that my kids would always be a priority for me.”

Another one of Lannoy’s strong character traits is working with people that are collaborative because it is fulfilling.

“I’m demanding, but not in a harsh way,” she says. “I’m helpful, supportive but I demand performance.”

Furthermore, even when things are stressful, she is relaxed.

Teri Wylde, Senior VP Credit Risk Manager has known Lannoy for 15 years. They are both co-workers and friends.

“Gail is balanced, solution oriented.” Wylde adds that Lannoy rarely gets rattled.

“She does not whine about things because she has a way of looking at things in a pragmatic way.”

However, Wylde and Lannoy don’t always agree, but it’s never personal, just business. Lannoy is highly regarded and respected among her peers and friends.

She manages Bank of America’s community development banking a lending function that invests equally in affordable housing projects and charter schools. Her group brings capital to developers to build projects throughout California, Oregon, Washington, Utah, Nevada.

Working closely with organizations that help revitalize communities is Bank of America’s goal.  As a result, the West Region closed $427MM of new loan production and 2,200 units of affordable housing.

“We bring private and public funding together to get a project build and make it affordable to residents,” says Lannoy. “The Adams and Central project, in Los Angeles, is an example of something I feel good about. We also have another one at McArthur Park.”

As a board member of the Los Angeles Downtown Women’s Center, Lannoy gets to fulfill a project very near a dear to her heart. For 12 years, the organization has grown due in part to Lannoy’s involvement.

Lisa Watson, CEO Downtown Women’s Center, discloses Lannoy’s importance to DWC.

“She is strategic, not afraid to challenge the norm. Civil engagement is a natural thing for her. She cares about making a difference in the community, racial justice and how it impacts society.”

“I have been very fortunate,” according to Lannoy.

Her parents John and Deloris Graham raised four children. More importantly her father has made the biggest impact on her life because he has always been positive and encouraging.

She has been married for 31 years to husband Rene. They have two children Justin, 26, and Nicole, 29.




Categories: National

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