Bank of America hires Citi’s chief accounting officer

Bank of America hires Citi’s chief accounting officer

Bank of America has poached Citigroup’s chief accounting officer Johnbull Okpara to act in the same position. 

Okpara is replacing Rudolf Bless, who has been in that role at BofA for nearly a decade. 

Okpara resigned from Citi in early September without giving a reason for his departure, according to a regulatory filing. He spent four years at Citi and before that, time at American Express and EY.

BofA did not say why Bless, who held the same role at Credit Suisse for more than a decade before joining BofA, was giving up his role.

Borthwick said Bless, who is on BofA’s management committee, will aid in the transition.