Sumeet Chabria

Global Business Services Executive, Bank of America
Sumeet Chabria
Sumeet Chabria is the Global Business Services Executive. His team provides business, technology and operations capabilities to all of Bank of America’s lines of business.

Sumeet leads a global services team of over 20,000 employees, both in a business-aligned and shared capacity. He is a member of the bank’s Management Operating Committee and chairs the board of one of Bank of America’s material entities. Sumeet leads the bank’s engagement with the Harvard Kennedy School on the Council for the Responsible Use of Artificial Intelligence. He is also a sponsor of the bank’s executive education program on Operations at University of Michigan’s Ross School of Business.

Before joining the bank in May 2015, Sumeet held various leadership positions for 24 years across US and Europe. He worked for eight years in London most recently as Chief Information Officer for Global Banking & Markets at HSBC, where he was responsible for technology, data and shared operations teams with over 10,000 employees across Americas, Europe and Asia. He also served in a business role as the Global Head of One HSBC Securities and Wealth, and in various global markets CIO and front-line roles across fixed income, derivatives, risk and electronic trading.

Sumeet began his career with technology start-ups and consulting in New York leading financial innovations across both sell- and buy-side firms, including asset management and hedge funds. Clients included Goldman, Swiss Bank, Credit Suisse First Boston, Republic, Bridgewater, Wasserstein Perella and Omega Advisors.

In 2014, Sumeet’s organization received Euromoney’s Best Wholesale Banking Technology Innovation award. Sumeet holds a master’s degree in management, master’s degree in technology and bachelor’s degree in computer science from Stony Brook University with executive education from IMD Lausanne and London Business School.