Bank of America names heads of digital assets and AI

Bank of America has appointed two senior executives to lead its digital assets and artificial intelligence initiatives, signaling a significant integration of emerging technologies into its core global markets operations. The appointments, announced on July 17, place Sonali Theisen as head of the global digital assets platform and Kevin Milsom as head of platforms AI transformation.

Theisen will oversee the design, development, and governance of the bank's digital assets platform while retaining her current responsibilities leading electronic trading and strategic investments for the Fixed Income, Currencies, and Commodities (FICC) division. Her dual role is designed to closely align the new blockchain-based infrastructure with the bank's existing institutional markets systems. She will coordinate with Adam Dixon, the bank's head of digital asset transformation, whose team oversees specific projects including tokenized deposits, stablecoins, digital collateral mobility, cryptocurrency settlement, and custody services.

Concurrently, Kevin Milsom will lead the implementation of artificial intelligence across the bank's global markets platforms. He will report to Ashok Krishnan,...