Bank of America (BAC) announced senior leadership changes including the appointment of new chief financial officer, effective in the fourth quarter. The company is adding five new members, including three women, to the senior management team.
Bank of America named Alastair Borthwick as chief financial officer. He will also continue as a vice chair of Global Diversity & Inclusion Council. Current CFO Paul Donofrio will become vice chair, and will oversee Sustainable Finance and chair Sustainable Markets Committee.
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