BofA Names Alastair Borthwick CFO in Management Team Overhaul

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.

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

• Tom Montag

• Paul Donofrio

• Alistair Borthwick

• Anne Finucane

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

Who is becoming a direct report to Brian Moynihan?

• Anne Finucane

• Paul Donofrio

• Jim Dimmer

• Tom Montag

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

Who is the new general counsel at Bank of America?

• Sana Zany

• Jim Dimmer

• Lauren Mogensen

• David Leach