Bank of America Taps In-House Veteran for Top Legal Post (1)

Sept. 10, 2021, 5:27 PM UTCUpdated: Sept. 10, 2021, 8:10 PM UTC

Bank of America Corp. on Friday announced the appointment of a new global general counsel in Lauren Mogensen.

Mogensen, currently head of global compliance and operational risk at BofA, will move into the bank’s top legal role at years’ end when incumbent David Leitch steps down, the bank said in a statement that also described other leadership changes.

Bloomberg News reported Friday that Leitch is one of several executives leaving their positions as the financial services giant promotes five new members, including three women, to its executive team.

Leitch has spent nearly six years at BofA, which hired the former ...

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