Bank of America Merrill Lynch announces new leadership for MENA Corporate and Investment Banking

Both Hakim and Wadih will report to Elif Bilgi, co-head of Emerging Markets (ex-Asia) Investment Banking, and Phil Southwell, President and Country Executive for the Middle East and North Africa region.

Wadih continues to lead the bank's MENA Sovereign Wealth Funds coverage. Hakim continues to lead Debt Capital Markets (DCM) and Corporate Banking activities in the region.

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 57 million consumer and small business relationships with approximately 5,700 retail banking offices and approximately 17,750 ATMs and award-winning online banking with 30 million active users.

Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.