Bank of America has promoted Laura Chepucavage to global markets leadership team, running financing and futures desk

  • Bank of America has added a new exec to its global markets leadership team.
  • Laura Chepucavage has been promoted to head of global financing and futures, according to an internal memo.
  • A two-decade company veteran, she’ll report to new sales and trading head Jim DeMare.
  • Visit the Business section of Insider for more stories.

Bank of America has promoted another senior executive to help lead the firm’s sales and trading division under new head Jim DeMare. 

DeMare, who was promoted to president of the firm’s global markets division last July, added Laura Chepucavage to his leadership team as head of global financing and futures, according to an internal memo seen by Insider. 

Chepucavage, a managing director with nearly two-decades at the company, spent the previous 10 years in interest rate sales, managing the relative value hedge fund sales group and then the short end sales and trading desk, according to the memo.

A Bank of America spokesman confirmed the contents of the memo.

“I am pleased to announce that Laura Chepucavage has been appointed head of Global Financing & Futures reporting to me. The GF&F platform is a critical component of our Fixed Income strategy for growth and client engagement,” DeMare wrote in the memo.

“In addition to driving business, Laura is actively involved in diversity and inclusion efforts which include her involvement in Women’s Leadership Council, Power of 10 and SIFMA,” the memo continued.

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