Most Powerful Women in Banking: No. 19, B of A's Anne Clarke Wolff

Head of Global Corporate Banking and Global Leasing, Bank of America

Amid a rough couple of years for commercial bankers across the country, Anne Clarke Wolff has found innovative new ways to serve customers at Bank of America.

Wolff recently launched a new initiative, known as Workplace Financial Solutions, to provide corporate customers with benefits for their employees, including financial wellness, executive wealth management and other forms of benefit plan administration.

Anne Clarke Wolff, Head of Global Corporate Banking and Global Leasing at Bank of America.

The initiative is still in its early stages, but it is starting to gain traction. For instance, B of A has begun providing onsite financial services to employees of one of its large corporate customers in the technology industry. It also built the firm a customized mobile app.

The move has attracted new customers to B of A’s retail bank, according to Wolff.

“We have had great success in acquiring thousands of new clients for Bank of America, while helping our client provide much-needed financial products and solutions for its employee base,” she said.

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Wolff’s division serves more than 2,200 large companies across the globe, with products and services ranging from investment banking, capital markets and wealth management. Additionally, she oversees a leasing unit with roughly 64,000 clients in 10 countries.

Wolff cites “intellectual curiosity” as a factor that has been critical to her career success. She has held senior-level roles in a range of business lines during her more than 25 years in banking, including head of fixed income at Citigroup and head of global sales for treasury and securities services at JPMorgan Chase.

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