Bank of America Names Lisa Shalett Chief
Investment Officer of Merrill Lynch Global
July 26, 2010 05:38 PM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--Bank of America today announced that Lisa Shalettwill join the
firm as chief investment officer of Merrill Lynch Global Wealth Management and head of Investment Management
and Guidance. Based in New Jersey, Shalett will report to Kunal S. Kamlani, head of Global Investment Solutions.
“Lisa’s intellectual acumen and proven leadership skills make her ideally suited to lead our efforts in working with
clients to help achieve their goals through objective investment advice and guidance,” said Kamlani. “Moreover, her
experience with fundamental and quantitative research will complement our Investment Management and Guidance
organization, which has become an invaluable differentiator for Merrill Lynch Financial Advisors and clients through
its work on strategic asset allocation, portfolio construction, and best-in-class manager due diligence.”
Shalett will be responsible for Merrill Lynch Global Wealth Management investment strategy around the world. In
addition, she will oversee Investment Management and Guidance’s investment analytics and investment guidance
teams, as well as the Ultra High Net Worth Investment Office, which creates institutional-caliber investment policies,
asset allocation and portfolio solutions for ultra high net worth clients.
Shalett will join Bank of America from AllianceBernstein, L.P., where she served as partner and head of Global
Growth Equities. In this role, she led the investment services unit responsible for managing all growth-style equity
mandates. She also provided strategic direction and business oversight for product platforms and portfolios across
the firm’s institutional, retail and private client channels. She served as team lead on all U.S. research portfolios and
the flagship Global Research Growth portfolio and was a member of the firm’s Executive Committee.