Ghanaian born economist Bernard Mensah has been appointed president of Worldwide for Bank of America, and can be a member of the corporate’s government administration crew. He’s additionally chief government officer of Merrill Lynch Worldwide (MLI), Bank of America’s largest worldwide subsidiary; head of the BANA London department; and a member of Bank of America’s Administration Committee.
Bernard Mensah was on the excessive desk in July when the USA Secretary of State Mike Pompeo concluded discussions largely centred on post-Covid economic system effort. Additionally within the assembly was the UK Minister Dominic Raab and different excessive rating officers of the UK and the US governments.
The dialogue additionally centered on safe 5G telecommunications, and persevering with negotiations on a U.S.-UK free commerce settlement. Till his new appointment, Bernard who’s youthful brother of president of the Ghana rugby Affiliation Herbert Mensah was President of Europe, the Center East and Africa (EMEA) and co-head of International Fastened Revenue, Currencies and Commodities (FICC) Buying and selling at Bank of America Merrill Lynch was instrumental in many of the discussions.
His new position as president of worldwide for Bank of America is answerable for the execution and improvement of the bank’s technique, enterprise actions and help features internationally. These span company, business and funding banking, treasury providers and gross sales and buying and selling.
He’s additionally answerable for guaranteeing the efficient supply of the broad Bank of America franchise to its company and institutional shoppers all over the world. Mensah chairs the agency’s regional government committee and is a member of the International Banking and Markets Administration Committee.
Mensah has greater than 20 years of worldwide buying and selling and investing expertise, serves on the UK.’s Monetary Conduct Authority’s Markets Practitioner Panel, and was lately requested by the Bank of England to hitch the senior advisory group overseeing LIBOR transition within the UK. He joined the agency in 2010 from Goldman Sachs in London, the place he was a accomplice and international head of Bank loan and Distressed Buying and selling. Previous to that, he ran the firm’s Asia Credit score and Convertibles enterprise, based mostly in Hong Kong and Tokyo.
Mensah acquired his B.A. in social sciences on the Joint College of Philosophy and Economics on the College of Bristol. He’s a certified chartered accountant, and have become a member of the Institute of Chartered Accountants England and Wales.
He chairs the West Africa Advisory Board of Prince’s Belief Worldwide and is a member of the board of the Kofi Annan Basis, a not-for-profit organisation that promotes higher international governance to realize a fairer, extra peaceable world.
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