People Moves
BofA Hires Ex-AllianceBerstein Exec As CIO of Merrill Lynch Global Wealth Management
Bank of America has appointed
Lisa Shalett as chief investment officer of
Merrill Lynch Global Wealth Management and head of investment
management and guidance.
Shalett, who steps in from AllianceBernstein, where she was
partner and head of global growth equities, will be responsible
for the company's global investment strategy, the firm said in a
statement. In addition, she will oversee the investment
management and guidance unit's investment analytics and
investment guidance teams, including the ultra high net worth
investment office.
Based in New Jersey, she reports directly to
Kunal Kamlani, the head of global investment solutions.
Merrill Lynch Wealth Management offers products and services from
Merrill Lynch, Pierce, Fenner & Smith and other subsidiaries of
Bank of America Corporation.
