BAC Bank of America Corporation

By Rachel Louise Ensign 

Alex Wilmot-Sitwell, Bank of America's president of Europe, the Middle East and Africa, is leaving the firm, the bank announced on Friday, according to a memo viewed by The Wall Street Journal.

Mr. Wilmot-Sitwell "has informed me of his decision to leave the firm to pursue opportunities outside the bank," the bank's chief operating officer, Tom Montag, said in the memo.

Mr. Wilmot-Sitwell joined the bank from UBS Group AG in 2012 and was involved in the bank's Brexit planning. His role, which reported to Mr. Montag, also included overseeing the bank's operations across the region and dealing with regulators.

He will remain with the bank for "the next few months" before departing, the memo said.

Write to Rachel Louise Ensign at rachel.ensign@wsj.com

(END) Dow Jones Newswires

March 16, 2018 14:06 ET (18:06 GMT)

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