9/10/2021, 2:26 PM (Source: TeleTrader)
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Bank of America appoints Alastair Borthwick as CFO

The Bank of America Corp. announced on Friday several senior leadership changes. Alastair Borthwick has been named CFO effective in the fourth quarter after Paul Donofrio steps down to become vice chair of the company. The bank will also add five members to its senior management team, including Holly O’Neill as president of Retail Banking and Wendy Stewart as president of Global Commercial Banking.

"These changes position the company with highly energized leaders who are committed to driving Responsible Growth through its second decade - delivering for our clients, communities and shareholders, and addressing major societal issues," said Chairman and CEO Brian Moynihan.

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