Bank of The united states CEO Brian Moynihan announced the most sweeping administration overhaul of his 12-year tenure atop the huge fiscal institution.
In a memo distributed to personnel on Friday, Moynihan named a new main monetary officer, engineering head, general counsel and chief administrative officer. The firm’s administration team included five new customers, he mentioned.
“These changes position the business with highly energized leaders who are committed to driving accountable growth as a result of its next ten years,” Moynihan, 61, mentioned in the memo. “As I shared with our board of directors, it will continue to be my