Mr Kamlani will report to Sallie Krawcheck, president of GWIM. Mr Kamlani’s group will be responsible for managing global financial and investment solutions, including mutual funds, stocks, bonds, new issues, insurance, alternative investments and structured investments. He will also oversee managed-account programs, manager due diligence, portfolio construction and investment implementation activities for the business globally.
Mr Kamlani previously served as Citigroup Smith Barney’s managing director and chief operating officer (COO), where he was responsible for financial advisor technology, strategy, business risk management and finance. Kamlani has also held positions as chief financial officer and COO of Smith Barney’s investment advisory services division, where he designed and implemented financial, cost and risk control processes, as well as built an operational and administrative infrastructure to support the organization’s growth.
He joined Citigroup in 2001 with responsibility for Citigroup’s global financial planning and analysis function within the CFO organization. He most recently served as chief financial officer for Prestige Cruise Holdings.
Ms Krawcheck said: “Kunal’s experience and strong technical capabilities make him a great addition to our team. Global Investment Solutions is a critical area of our business, as it represents the core of our financial solutions platform. Kunal and his team will continue to build upon and further strengthen our offerings across the platform.”
Mr Dupuy will report to Andy Sieg, head of GWIM’s retirement & philanthropic services (RPS) organization. In this new role, Mr Dupuy will oversee investment strategy, product management and servicing for institutional investments, fiduciary products, and private foundations and endowments.
Ms Krawcheck added: “Our RPS business is one of our biggest strategic opportunities. Chris’ experience in investments and strategy, and his seasoned leadership skills, will help us to differentiate Bank of America Merrill Lynch in this marketplace, and to further develop and expand our industry-leading investment and advisory capabilities across our institutional investment and philanthropic platforms.”
