BofA Names Merrill Finance Chief

Bank of AmericaMerrill Lynch has appointed Jennifer Hill as CFO of its Merrill Lynch investment bank unit, The Wall Street Journal reports. In her new role, Hill will work under chief accounting officer, Neil Cotty and succeed Bob Qutub, who is transitioning to CFO of consumer bank.

Hill has been head of strategy and corporate finance at Royal Bank of Scotland since July 2008. She was previously working as CFO of hedge fund, Tisbury Capital Management, which was shut down last year.

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