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Bank of America Names CTO for Global Wealth and Investment Management and Shared Technology Infrastructure Executive

Bank of America names David Reilly CTO for Global Wealth and Investment Management and Shared Technology Infrastructure; former Morgan Stanley IT exec, will be accountable for designing, building and operating Bank of America's enterprise technology infrastructure and operations.

David Reilly was named chief technology officer for Global Wealth and Investment Management (GWIM) by Charlotte-based Bank of America. Reilly also will serve as the company's shared technology infrastructure executive.

As GWIM CTO, Reilly will be responsible for providing technology infrastructure in support of that business. Reilly, who is expected to join the bank in June, will be based in New York and report to Bank of America Chief Technology Officer Marc Gordon, as well as to Mark Alexander, chief information officer for GWIM, who is responsible for both technology operations. Chris Randazzo remains head of GWIM Technology, reporting to Alexander, with accountability for systems applications and development.

As the shared technology infrastructure executive, Reilly will be accountable for designing, building and operating Bank of America's enterprise technology infrastructure and operations.

"David is an extremely talented technology leader, and his addition will further strengthen our team as we continue driving toward enabling the bank's vision of being the world's finest financial services company," said Gordon, in a press release. "His breadth and depth of experience in technology infrastructure, coupled with his extensive business experience and strong track record of performance, will enable our team to work even more closely with our technology and business partners to deliver solutions that meet the needs of our customers and clients across the globe."

Reilly has more than 25 years of technology experience in the financial services industry. He will join the company from Morgan Stanley, where he was the chief information officer for enterprise infrastructure. Prior to that, he was responsible for technology infrastructure services at Credit Suisse. Previously, he was a managing director of global technology operations at Goldman Sachs and the director of enterprise technology services for Europe, the Middle East and Africa at Merrill Lynch.

"David's wealth management technology experience will allow us to strengthen our partnership as we provide the systems and technology to make us more responsive and focused on our clients' needs," said Alexander.

Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio

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