Bank of America, an investment bank, has named the executives that will run the combined execution team created by the merger with global broker-dealer Merrill Lynch, which it bought last September.
Roger Anerella, head of global execution services, will lead the team. Ashok Krishnan retains responsibility for EMEA execution services and Michael Lynch will lead execution services for Americas, including commission management and NYSE specialists. Jon Werts will manage the firm’s broker-dealer execution services, futures and Instaquote, a direct market access application from Bank of America. Werts will also report to Sylvan Chackman, co-head of global markets financing and futures.
In Asia, Mark Wheatley will be responsible for Pacific-Rim execution services and will report to Yasuhiro Fujiwara, head of Asia-Pacific equities.
Chris Hayward has been named chief operating officer for global equities and will report to global equity heads Mike Stewart and Tom Patrick, and Mike Meyer, deputy head of global markets.