CHARLOTTE - In a shuffling of consumer product executives, Bank of America Corp. has named Belva Wallace the head of its insurance services group.
Ms. Wallace was the quality and productivity executive for card services. She succeeded Cathy Kenworthy, who had been the insurance executive since March 2001 and was also put in charge of consumer deposits this year, according to an internal announcement.
With the appointment of Ms. Wallace last month, Ms. Kenworthy now oversees only consumer deposits.