CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America announced today that George Sherman has been named chief technology officer for the company’s Global Banking and Markets and Global Commercial Banking businesses. He will be responsible for strategy, architecture, design and build, operations, product management and project delivery of the technology infrastructure that supports that business.“I’m pleased to join a company with a first-class technology infrastructure in place”
Based in New York, Sherman will join the bank in September and report to Chief Technology Officer Marc Gordon. Gordon said Sherman’s role builds on the bank’s efforts to strengthen technology’s alignment with its lines of business to serve customers and clients.
“George is a talented technology leader who will further enhance the bank’s world-class technology infrastructure, allowing us to become better connected with our clients,” Gordon said. “His experience in the global markets arena will position our team to work more closely with our business partners to ensure an excellent client and customer experience and strengthen our operations across the globe. The addition of George to our team will propel our efforts to deliver the full capabilities of the bank to our customers and clients.”
Sherman joins Bank of America from Morgan Stanley, where he was managing director, chief technology officer of the Americas enterprise infrastructure organization, acting as the single point of accountability for the delivery of technology infrastructure in the Americas. Sherman also served as the global head of enterprise telecommunications, entitlements solutions and technology business development teams, responsible for data centers, servers and hosting, desktop support and enterprise applications.
During his more than 10-year career at Morgan Stanley, Sherman held additional roles, including chief IT risk and security officer and IT chief operating officer. Before joining Morgan Stanley, he spent seven years at Chase Bank, where he managed several technology engineering, application development and operations organizations.
Sherman said he is looking forward to working with his new Bank of America technology teammates and his global markets partners.
“I’m pleased to join a company with a first-class technology infrastructure in place,” Sherman said. “Bank of America is focused on its clients and customers, and my goal is to make these partnerships even more effective for our global markets 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 more than 5,900 retail banking offices, more than 18,000 ATMs and award-winning online banking with nearly 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 in more than 150 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.
Contacts
Reporters May Contact:
Christopher Feeney, Bank of America, 1.980.386.6794
christopher.feeney@bankofamerica.com
Christopher Feeney, Bank of America, 1.980.386.6794
christopher.feeney@bankofamerica.com
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