damian-chunilal-leaves-merrill-lynch

Damian Chunilal leaves Merrill Lynch

As Merrill Lynch and Bank of America announce their new heads, some bankers will be left out of the mix.
One of Merrill LynchÆs most senior bankers in the region, Damian Chunilal, the firmÆs chief operating officer for the Pacific Rim and head of Pacific Rim investment banking, has left the bank.

The move appears to come ahead of further senior management appointments within Merrill Lynch as it is taken over by Bank of America later this year.

Earlier this week, Merrill announced a reshuffling of the heads of its markets division, and now, the other arm of its business û investment banking û is set to be restructured. Sources say that Chunilal, a 19-year veteran of the firm who reported to Jason Brand, president of the region, did not make the cut to become...
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