Sallie Krawcheck, one of the most high-profile women in wealth management and former president of Bank of America’s global wealth unit, has joined Gold Bullion International’s advisory board with immediate effect.

At BofA, Krawcheck was in charge of global wealth and investment management – a role in which she oversaw $2.2 trillion in total client balances. Prior to BofA, she was chief executive and chairman of Citi Global Wealth Management, the firm said. 

Gold Bullion International enables investors to acquire, manage and store physical precious metals acquired from approved dealers and stored in vaults across New York, Salt Lake City, London and Zurich. “Creating a seamless platform and democratising the ownership of physical gold and precious metals is much overdue and another important tool for investors,” Krawcheck said.

Krawcheck joins four other business and government executives on GBI's advisory board, including: Wesley Clark, John Hathaway, Arthur Levitt and Dan Tapiero.

The firm also said it recently announced a programme which allows publicly-traded companies to offer shareholders dividends in physical gold or silver, instead of cash.