Bank of America Names Executives to Lead Digital-Asset, AI Businesses

Bank of America has appointed Sonali Theisen and Kevin Milsom to lead its digital-asset and artificial intelligence businesses, respectively.

Bloomberg reported on July 17 that Theisen will oversee the bank’s digital-asset business, including stablecoins, deposit tokens, custody and crypto payments.

Milsom will be responsible for applying AI across the bank’s markets business and leading AI-driven changes to its operations.