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Bank of America Risk Chief To Lose Role

BofA exec Gregory Curl is likely to lose the post of chief risk officer.

Bank of America executive, Gregory Curl, is likely to lose the post of chief risk officer that he has held since mid-2009, The Wall Street Journal reports. The decline in responsibilities is a part of an approaching management shuffle.

The new role of Curl, who was a confidant of former CEOs, Kenneth Lewis and Hugh McColl, will comprise managing certain relationships at the bank. BofA’s new CEO effective January 1, Brian Moynihan, is looking to establish his own circle of individuals for the top ranks.

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