Bank of America Names Reilly Chief Technology Officer for Global Wealth and Investment Management and Shared Technology Infrastructure Executive - Insurance News | InsuranceNewsNet

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May 18, 2011
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Bank of America Names Reilly Chief Technology Officer for Global Wealth and Investment Management and Shared Technology Infrastructure Executive

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Bank of America today named David Reilly chief technology officer for Global Wealth and Investment Management. He also will serve as the company’s shared technology infrastructure executive.

Reilly will be responsible for leading the Global Wealth and Investment Management team that supports strategy, architecture, design and build, operations, engagement and product delivery of technology infrastructure. As the shared technology infrastructure executive, he will be accountable for designing, building and operating Bank of America's enterprise technology infrastructure and operations.

Reilly is expected to join the bank in June. He will be based in New York and report to Bank of America Chief Technology Officer Marc Gordon.

“David is an extremely talented technology leader, and his addition will further strengthen our team as we continue driving toward enabling the bank’s vision of being the world’s finest financial services company,” said Gordon. “His breadth and depth of experience in technology infrastructure, coupled with his extensive business experience and strong track record of performance, will enable our team to work even more closely with our technology and business partners to deliver solutions that meet the needs of our customers and clients across the globe.”

Reilly has more than 25 years of technology experience in the financial services industry. He will join the company from Morgan Stanley, where he was the chief information officer for enterprise infrastructure. Prior to that, he was responsible for technology infrastructure services at Credit Suisse. Previously, he was a managing director of global technology operations at Goldman Sachs and the director of enterprise technology services for Europe, the Middle East and Africa at Merrill Lynch.

“David’s wealth management technology experience will allow us to strengthen our partnership as we provide the systems and technology to make us more responsive and focused on our clients’ needs,” said Mark Alexander, chief information officer for Global Wealth and Investment Management Technology and Operations. “I look forward to working with him and his team as we continue to deliver the bank to our customers and clients.”

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 58 million consumer and small business relationships with approximately 5,800 retail banking offices and approximately 18,000 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.

www.bankofamerica.com

Reporters May Contact:Laura Hunter, Bank of America, 1.704.366.9297
[email protected]

Source: Bank of America

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