Paul Donofrio takes over as chair of BofA Europe

Bloomberg

Anne Finucane is stepping down as chair of Bank of America (BofA) Corp Europe and passing the torch to Vice Chairman Paul Donofrio.
Finucane will leave her post at the end of the month at the company’s European banking subsidiary, which is based in Ireland, people familiar with the matter said. She will also exit her position as board member at Bank of America Securities Europe, but continue on the company’s global advisory council, the people said, asking not to be identified discussing a private matter.
A representative for Bank of America declined to comment.
Finucane became the firm’s first chair of Bank of America Europe in 2018, and was the first female vice chairman at the parent company. She oversaw its transition through Brexit, and led sustainable-finance efforts and global strategy. At the end of 2021, Finucane transitioned to the non-executive chairman role at Bank of America Europe.