April 25, 2024

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BofA encourages Laura Chepucavage to worldwide markets management group: memo

2 min read
  • Financial institution of The united states has extra a new exec to its world-wide marketplaces management staff.
  • Laura Chepucavage has been promoted to head of world-wide financing and futures, in accordance to an interior memo.
  • A two-10 years corporation veteran, she’ll report to new profits and buying and selling head Jim DeMare.
  • Check out the Organization segment of Insider for extra stories.

Bank of The united states has promoted one more senior executive to help direct the firm’s product sales and buying and selling division less than new head Jim DeMare. 

DeMare, who was promoted to president of the firm’s world markets division last July, extra Laura Chepucavage to his leadership group as head of world funding and futures, in accordance to an inner memo found by Insider. 

Chepucavage, a taking care of director with virtually two-decades at the organization, expended the prior 10 several years in fascination charge sales, running the relative price hedge fund profits team and then the limited end income and trading desk, according to the memo.

A Lender of America spokesman confirmed the contents of the memo.

“I am happy to announce that Laura Chepucavage has been appointed head of World Funding & Futures reporting to me. The GF&F platform is a essential component of our Preset Money tactic for advancement and customer engagement,” DeMare wrote in the memo.

“In addition to driving business, Laura is actively associated in variety and inclusion efforts which consist of her involvement in Women’s Leadership Council, Energy of 10 and SIFMA,” the memo continued.

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