NEW YORK, April 24 (Reuters) - Bank of America ( BAC )

shareholders rejected a proposal to divide the CEO and chairman

roles held by Brian Moynihan on Wednesday at the company's

virtual annual meeting.

Proxy advisers had recommend investors vote for the bank to

separate the positions in an effort to improve governance. The

proposal was backed by 31% of shareholders.

All of BofA's management proposals were approved by

shareholders.