Bank of America Merrill Lynch today announced that Bob Elfring and Diego De Giorgi have been appointed co-heads of Global Corporate and Investment Banking (GCIB) for Europe, Middle East and Africa (EMEA).
In their new roles, which are subject to the usual regulatory approvals, Bob and Diego will partner closely together to drive the growth of the bank's corporate and investment banking franchise. Both will be based in London, with Bob relocating shortly and Diego joining in January. They will report to Christian Meissner, head of Global Corporate & Investment Banking and Alex Wilmot-Sitwell, president of Europe and Emerging Markets (ex-Asia), who will be joining the firm in the coming months as previously communicated.
Bob has 28 years experience in Investment Banking. He joined the firm in 2011 as head of Investment Banking for Benelux and Northern Europe. Prior to this he was head of Investment Banking for Northern Europe, including Benelux and Scandinavia, at Credit Suisse, whom he joined in 2009.
Diego joins the bank from Goldman Sachs where he was a Partner and Chief Operating Officer of the Investment Banking Division, while located in New York. He has almost 20 years experience in European Investment Banking, covering financial institutions and Southern European clients in particular, having joined Goldman Sachs in 1994. He was previously co-head of the European Financial Institutions Group, and prior to this co-head of European Equity Capital Markets.
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Bank of America
Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 57 million consumer and small business relationships with approximately 5,700 retail banking offices and approximately 17,250 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.
Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated, which is a registered broker-dealer and a member of FINRA and SIPC, and, in other jurisdictions, locally registered entities. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed.
For more Bank of America news, visit the Bank of America newsroom.
www.bankofamerica.com
Nerys Williams, Bank of America Merrill Lynch
+971 4 4258331, nerys.williams@baml.com
Manash Bhuyan, FTI Consulting
+971 50 8419631, manash.bhuyan@fticonsulting.com
© Press Release 2012
