BofA Shuffles Risk Executives Weeks After Laughlin Assumes Role
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Bank of America Corp.’s Terry Laughlin, who assumed the role of chief risk officer two weeks ago, appointed Jim Alessandri and David Flannery to newly created positions.
Alessandri will be the retail risk-management executive, overseeing home loans, consumer and small-business banking and global wealth and investment management, according to an Aug. 30 memo confirmed by Eloise Hale, a company spokeswoman. Flannery will be global banking and markets risk-management executive, covering corporate and institutional clients.