Financial institutions

Bank of America picks ex-Prudential director for EMEA’s top financial institution job

A Bank of America logo is seen in New York, New York, U.S., January 10, 2017. REUTERS/Stephanie Keith

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LONDON, July 14 (Reuters) – Bank of America (BAC.N) has promoted former Prudential executive James Gill to lead its financial institutions franchise for Europe, the Middle East and Africa, as it seeks to win more business from the biggest banks and fintech clients.

The move comes as one of the bank’s most senior members of its European Financial Institutions Group (FIG), Arif Vohra, resigned in June to join Barclays (BARC.L).

In a memo signed by the global co-heads of FIG investment banking at Bank of America – Will Addas, Giorgio Cocini and Gary Howe – the bank said Gill would oversee relationships with key clients and broaden its business focus in the region.

Gill, a former Morgan Stanley trader, will be based in London and will work closely with Addas, Cocini and Howe while also reporting to Matt Cannon, head of EMEA investment banking at Bank of America.

He joined the bank in 2020 from Prudential Plc (PRU.L) where he was in charge of group strategy and M&A transactions and led the spin-off of the insurance and asset management business. British and European assets of Prudential, M&G.

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Reporting by Pamela Barbaglia; Editing by Richard Chang

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