Krawcheck Hires Ex-Citi Exec

Sallie Krawcheck has recruited another former Citigroup Inc. colleague to Bank of America Corp.

B of A said Thursday that Kunal Kamlani will join the Charlotte company next month as a managing director and head of global investment solutions.

Kamlani previously had been the chief financial officer of the brokerage unit Citigroup Smith Barney.

Kamlani, who will report to Krawcheck, will succeed Chris Dupuy, who will become the head of institutional investments and philanthropic solutions.

Dupuy will report to Andy Seig, who was recruited from Citigroup last year to become the head of retirement and philanthropic services.

Krawcheck, a former Citigroup CFO, joined Bank of America as president of wealth management in August.

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