BofA Names Alastair Borthwick CFO in Management Team Overhaul

BofA Names Alastair Borthwick CFO in Management Team Overhaul

Assessment

Interactive Video

Business

University

Hard

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The video discusses significant leadership changes at Bank of America, including the appointment of Alistair Borthwick as the new CFO, replacing Paul Donofrio. The changes are part of a broader strategy to position the bank for responsible growth. The video also highlights the departure of key figures like Ximian Paris and the elevation of new leaders such as Jim Dimmer. The discussion touches on industry trends and the evolving nature of talent in banking, emphasizing the inclusion of more women in top roles, including Lauren Mogensen as the new general counsel.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who has been appointed as the new CFO of Bank of America?

Tom Montag

Paul Donofrio

Alistair Borthwick

Anne Finucane

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason behind the recent leadership changes at Bank of America?

To focus on international expansion

To merge with another bank

To position the company for responsible growth

To reduce costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is becoming a direct report to Brian Moynihan?

Anne Finucane

Paul Donofrio

Jim Dimmer

Tom Montag

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant aspect of the new management team at Bank of America?

All members are from the same university

It includes three more women in top positions

It is entirely composed of external hires

It focuses solely on technology roles

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the new general counsel at Bank of America?

Sana Zany

Jim Dimmer

Lauren Mogensen

David Leach