Bank of America announced yesterday that George Sherman has been named chief technology officer for the company’s Global Banking and Markets and Global Commercial Banking businesses.
Sherman comes to Bank of America from Morgan Stanley, where he was managing director, chief technology officer of the Americas enterprise infrastructure organization. During his more than 10-year career at Morgan Stanley, Sherman held additional roles, including chief IT risk and security officer and IT chief operating officer.
Sherman will be responsible for strategy, architecture, design and build, operations, product management and project delivery of the technology infrastructure that supports that business.
Based in New York, Sherman will join the bank in September and report to Chief Technology Officer Marc Gordon. Gordon said Sherman’s role builds on the bank’s efforts to strengthen technology’s alignment with its lines of business to serve customers and clients.
Before joining Morgan Stanley, he spent seven years at Chase Bank, where he managed several technology engineering, application development and operations organizations.
In related news, on May 19, 2010, Bank of America announced the hire of Gregory T. Garcia, formerly assistant secretary for the Office of Cybersecurity and Communications (CS&C) in the Department of Homeland Security, as partnership executive for cybersecurity and identity management.