Bank / Credit Union
Bank of America appoints co-presidents, CFO
September 19, 2025
Bank of America has announced several leadership changes.
Dean Athanasia and Jim DeMare will serve as co-presidents and Alastair Borthwick will serve as EVP and CFO, according to a press release.
Athanasia preciously served as president of regional banking while DeMare served as president of global markets. Borthwick's most recent role was president of global commercial banking.
"In their new roles as co-presidents, Dean and Jim will work with me to drive broad-ranging, strategic efforts that are central to our long-term performance," Brian Moynihan, chairman and CEO, Bank of America, said in a letter. "As the newly appointed EVP and CFO of the company, Alastair continues to both serve as a strategic advisor to me, the management team, and our board of directors, and to assume additional responsibilities over time, most recently including our global real estate portfolio."
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