Bank of America
Bernard Mensah is president of International for Bank of America, and is a member of the company’s executive management team. He is also chief executive officer of Merrill Lynch International (MLI), Bank of America’s largest international subsidiary; head of the BANA London branch; and a member of Bank of America’s Management Committee.
Based in London, Mensah previously jointly led the firm’s Fixed Income, Currencies and Commodities (FICC) Trading business globally. In April 2018, he assumed additional leadership responsibilities as the firm’s EMEA president. He was appointed to his current role in July 2020.
In his role as president, Mensah is responsible for the execution and development of the bank’s strategy, business activities and support functions internationally. These span corporate, commercial and investment banking, treasury services and sales and trading. He is also responsible for ensuring the effective delivery of the broad Bank of America franchise to its corporate and institutional clients around the world. Mensah chairs the firm’s regional executive committee and is a member of the Global Banking and Markets Management Committee.
Mensah has more than 20 years of global trading and investing experience, serves on the U.K.’s Financial Conduct Authority’s Markets Practitioner Panel, and was recently asked by the Bank of England to join the senior advisory group overseeing LIBOR transition in the U.K. He joined the firm in 2010 from Goldman Sachs in London, where he was a partner and global head of Bank Loan and Distressed Trading. Prior to that, he ran the company’s Asia Credit and Convertibles business, based in Hong Kong and Tokyo.
Mensah received his B.A. in social sciences at the Joint School of Philosophy and Economics at the University of Bristol. He is a qualified chartered accountant, and became a member of the Institute of Chartered Accountants England and Wales.
He chairs the West Africa Advisory Board of Prince’s Trust International and is a member of the board of the Kofi Annan Foundation, a not-for-profit organisation that promotes better global governance to achieve a fairer, more peaceful world.
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Bank of America
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Bank of America is one of the world’s largest financial institutions. Bank of America counts individuals, small and medium businesses, global corporations, and governments among its customers. Within the US, it serves approximately 56 million consumers and small businesses. Globally, it is recognized as a leader in wealth management, corporate and investment banking, and trading. Bank of America has eight business segments serving people, companies, and institutions. The bank has four business lines serving people: Retail, Preferred, Merrill Lynch Wealth Management, and Bank of America Private Bank. Retail offers consumers a suite of products and services through both digital and a large network of brick and mortar branches. Preferred supports clients with up to $250,000 in assets and small businesses with up to $5 million in revenue with cash management, investment solutions. Merrill Lynch Wealth Management serves clients with $250,000 in assets up to ultra high net worth, providing them with unique plans and advice to help each individual achieve their unique financial goals. Bank of America Private Bank provides ultra high net worth clients - those with over $3 million in investable assets - highly personalized, team-based services for investment and wealth management. The bank has three business segments serving companies: Business Banking, Global Commercial Banking, and Global Corporate & Investment Banking. Business Banking serves smaller U.S. companies with annual revenues of $5 million to $50 million through its network of local teams. Global Commercial Banking serves middle-market U.S. companies with revenues in the range of $50 million to $2 billion through a combination of local relationship managers backed by the full capabilities of the bank. These capabilities include treasury, lending, leasing, investment banking, risk management and international subsidiary banking services. The Global Corporate & Investment Banking segment serves clients exceeding $2 billion in revenues and government agencies across 38 countries. The bank provides treasury services, lending, leasing, advisory, and debt and equity underwriting solutions for these clients. For institutions, Bank of America’s Global Markets serves clients such as hedge funds, asset managers, pensions and other financial institutions. BofA provides global sales and trading services to these institutional clients across fixed income, credit, currencies, commodities and equities.