Bank of America picks ex-Prudential exec for EMEA financial institutions top job

A Financial institution of The usa brand is seen in New York City, New York, U.S. January 10, 2017. REUTERS/Stephanie Keith

LONDON, July 14 (Reuters) – Financial institution of The united states (BAC.N) has promoted former Prudential govt James Gill to lead its economical institutions franchise for Europe, the Middle East and Africa as it seeks to get additional enterprise from the region’s largest banking companies and fintech consumers.

The move will come as just one of the bank’s most senior users of its European economical establishment team (FIG), Arif Vohra, give up in June to sign up for Barclays (BARC.L).

In a memo signed by Lender of America’s world-wide co-heads of the FIG financial commitment banking small business – Will Addas, Giorgio Cocini and Gary Howe – the financial institution claimed Gill would oversee associations with crucial purchasers and broaden its professional concentration in the location.

Gill, a previous Morgan Stanley dealmaker, will be primarily based in London and operate intently with Addas, Cocini and Howe though also reporting to Matt Cannon, head of Lender of America’s EMEA expenditure banking.

He joined the financial institution in 2020 from Prudential Plc (PRU.L) in which he was in demand of the group’s tactic and M&A bargains and led the spin-off of Prudential’s Uk and European insurance policy and asset management organization M&G.

Reporting by Pamela Barbaglia Enhancing by Richard Chang

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