Catherine P. Bessant

Chief Operations & Technology Officer at Bank of America Corp.

Catherine P. Bessant

Catherine P. Bessant

Chief Operations & Technology Officer at Bank of America Corp.

Overview
Career Highlights

Bank of America Corp.
Merrill Lynch, Pierce, Fenner & Smith, Inc.
Bank of America, Florida

RelSci Relationships

9834

Number of Boards

12

Birthday

1960

Age

59

Number of Awards

10

Relationships
RelSci Relationships are individuals Catherine P. Bessant likely has professional access to. A relationship does not necessarily indicate a personal connection.

Professional at Bank Administration Institute, Inc.

Relationship likelihood: Strong

Chairman & Treasurer at Het Nederlands Kanker Instituut-Antoni van Leeuwenhoek

Relationship likelihood: Strong

Partner at Falfurrias Capital Partners

Relationship likelihood: Strong

Former Dean at NUS - Lee Kuan Yew School of Public Policy

Relationship likelihood: Strong

Chief Consumer Officer & Executive Vice President at Novant Health, Inc.

Relationship likelihood: Strong

Former Group Chief Executive Officer at Standard Life Aberdeen Plc

Relationship likelihood: Strong

Senior Advisor at Evercore, Inc.

Relationship likelihood: Strong

Director at University of Zurich

Relationship likelihood: Strong

Former Chief Executive Officer, Global Consumer Insurance Business at Chartis, Inc.

Relationship likelihood: Strong

President at JCA Consulting LLC

Relationship likelihood: Strong

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Catherine P. Bessant
Chief Operations & Technology Officer at Bank of America Corp.
Education

The Stephen M. Ross School of Business at the University of Michigan is a vibrant and distinctive learning community grounded in the principle that business can be an extraordinary vehicle for positive change in today's dynamic global economy. At the Ross School of Business, our mission is to develop leaders who make a positive difference in the world. Through thought and action, members of the Ross community drive change and innovation that improves business and society.

Undergraduate Degree

The University of Michigan (UM, U-M, UMich, or U of M), frequently referred to as simply Michigan, is a public research university located in Ann Arbor, Michigan, United States. It is the state's oldest university and the flagship campus of the University of Michigan. It is one of the original eight Public Ivy universities and is one of the founding members of the Association of American Universities. It has been ranked among the top five research universities in the US, and among the top 20 universities in the world. U-M also has satellite campuses in Flint and Dearborn.

Career History
Chief Operations & Technology Officer
1982 - Current

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The Global Wealth and Investment Management provides client experience through a network of financial advisors focused on to meet their needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 is headquartered in Charlotte, NC.

President
Prior
Chief Operating Officer & Chief Technology Officer
Prior

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009.

Boards & Committees
Member, Board of Directors
2017 - Current

Zurich is one of the world’s leading insurance groups, and one of the few to operate on a global basis. Our mission is to help our customers understand and protect themselves from risk. With about 60,000 employees serving customers in more than 170 countries, we aspire to become the best global insurer as measured by our shareholders, customers and employees. We help individuals, small- and medium-sized companies and global corporations around the world understand and protect themselves from risk by offering a wide range of insurance products, solutions and advisory services.

Director
2017 - Current

Zurich Insurance Co. Ltd. provides insurance services. It offers motor vehicles, travel, contents, personal liability, retirement, and protection for relatives insurance. The firm also offers a range of general insurance and life insurance products and services for individuals, small businesses, mid-sized, and large companies as well as multinational corporations. The company was founded in 1872 and is headquartered in Zurich, Switzerland.

Director
2017 - Current

Zurich Insurance Group Ltd. provides insurance products and services. The company was founded on November 26, 1872 and is headquartered in Taipei, Taiwan.

Member, Board of Directors
Current

Foundation for the Carolinas operates as a community foundation. It provides medical research, education, health and community development services. The company was founded in 1958 and is headquartered in Charlotte, NC.

Member, Board of Trustees
Current

UNC Charlotte is North Carolina's urban research institution. The campus is located in the piedmont of North Carolina, just two hours from the mountains and three hours from the Atlantic Ocean. A large public university with a small college feel, more than 28,700 students consider UNC Charlotte’s 1,000-acre campus their home away from home.

Director
2001 - 2018

Florida Blue, Florida's Blue Cross and Blue Shield company, is a leader in Florida's health care industry. Florida Blue has approximately 4 million health care members and serves 15.5 million people in 16 states through its affiliated companies. Florida Blue is a not-for- profit, policyholder-owned, tax-paying mutual company. Headquartered in Jacksonville, Fla., it is an independent licensee of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield companies. The company was founded in 1944.

Member, Board of Directors
Prior

The Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States. Ex-Im Bank's mission is to assist in financing the export of U.S. goods and services to international markets. Ex-Im Bank enables U.S. companies — large and small — to turn export opportunities into real sales that help to maintain and create U.S. jobs and contribute to a stronger national economy.

Non-Profit Donations & Grants

Learn how non-profit organizations benefit from RelSci
$1,500 - $2,999
2012

SEE SCHEDULE O.THE ARTS & SCIENCE COUNCIL (ASC) IS: THE COMMUNITY'S CHIEF ADVOCATE FOR ARTS, SCIENCE, HISTORY AND HERITAGE, A GATHERER AND STEWARD OF PUBLIC AND PRIVATE COMMUNITY RESOURCES, AN INVESTOR OF THOSE RESOURCES IN THE CULTURAL SECTOR AND COMMUNITY, THE STRATEGIC PLANNER FOR THE COMMUNITY'S CULTURAL SECTOR, AND THE PUBLIC ART AGENT FOR THE CITY OF CHARLOTTE AND MECKLENBURG COUNTY. THE MISSION OF THE ORGANIZATION IS BUILDING APPRECIATION, PARTICIPATION AND SUPPORT FOR ARTS, SCIENCE, HISTORY AND HERITAGE IN CHARLOTTE-MECKLENBURG. THE VISION IS TO SHAPE A VIBRANT CULTURAL LIFE FOR ALL.

$1,500 - $2,999
2010

SEE SCHEDULE O.THE ARTS & SCIENCE COUNCIL (ASC) IS: THE COMMUNITY'S CHIEF ADVOCATE FOR ARTS, SCIENCE, HISTORY AND HERITAGE, A GATHERER AND STEWARD OF PUBLIC AND PRIVATE COMMUNITY RESOURCES, AN INVESTOR OF THOSE RESOURCES IN THE CULTURAL SECTOR AND COMMUNITY, THE STRATEGIC PLANNER FOR THE COMMUNITY'S CULTURAL SECTOR, AND THE PUBLIC ART AGENT FOR THE CITY OF CHARLOTTE AND MECKLENBURG COUNTY. THE MISSION OF THE ORGANIZATION IS BUILDING APPRECIATION, PARTICIPATION AND SUPPORT FOR ARTS, SCIENCE, HISTORY AND HERITAGE IN CHARLOTTE-MECKLENBURG. THE VISION IS TO SHAPE A VIBRANT CULTURAL LIFE FOR ALL.

$1,500 - $2,999
2009

SEE SCHEDULE O.THE ARTS & SCIENCE COUNCIL (ASC) IS: THE COMMUNITY'S CHIEF ADVOCATE FOR ARTS, SCIENCE, HISTORY AND HERITAGE, A GATHERER AND STEWARD OF PUBLIC AND PRIVATE COMMUNITY RESOURCES, AN INVESTOR OF THOSE RESOURCES IN THE CULTURAL SECTOR AND COMMUNITY, THE STRATEGIC PLANNER FOR THE COMMUNITY'S CULTURAL SECTOR, AND THE PUBLIC ART AGENT FOR THE CITY OF CHARLOTTE AND MECKLENBURG COUNTY. THE MISSION OF THE ORGANIZATION IS BUILDING APPRECIATION, PARTICIPATION AND SUPPORT FOR ARTS, SCIENCE, HISTORY AND HERITAGE IN CHARLOTTE-MECKLENBURG. THE VISION IS TO SHAPE A VIBRANT CULTURAL LIFE FOR ALL.

Political Donations
$4,000
2012

Former Governor of North Carolina

$1,250
2012

Senator at Office of the Senator from Utah, Mitt Romney

$250
2012
Public Holdings
Restricted data only for RelSci Professional users.
Awards & Honors
Rank #1
2019
American Banker - 25 Most Powerful Women in Banking
Rank #1
2017
American Banker - 25 Most Powerful Women in Banking
Rank #7
2014
American Banker - 25 Most Powerful Women in Banking
Events
Honoree
Waters Technology's American Financial Technology Awards Banquet

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