Bank of America appoints Sonali Theisen and Kevin Milsom for digital assets and AI leadership

Bank of America has appointed Sonali Theisen as head of its global digital assets platform and Kevin Milsom as head of AI transformation. Theisen will oversee the design, development, scaling, and governance of the bank's digital assets platform, focusing on integrating blockchain-based products into existing markets infrastructure. She will work alongside Adam Dixon, who manages tokenized deposits, stablecoins, and cryptocurrency trading settlement. Milsom's role involves implementing AI across the bank's global markets platforms. This move aligns with a trend among traditional financial institutions to build specialized teams for digital assets and AI. Other firms, such as Vanguard and Morgan Stanley, are also enhancing their digital asset strategies, indicating a growing integration of crypto and AI in financial services.

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