Barbara J. Desoer was CEO for Citibank, N.A. beginning April 1, 2014 and finished as CEO on May 10, 2019, and was the COO for Citibank, N.A. from October 2013 to April 1, 2014. She was president of Bank of America Home Loans, a leading U.S. mortgage originator and servicer. She was a member of the senior management team of Bank of America Corporation, having previously reporting to CEO Brian Moynihan. Desoer led a business accounting for about 20 percent of the U.S. mortgage origination market, with a $2 trillion servicing portfolio serving nearly 14 million customers—nearly one in five mortgages in the U.S. She also managed Bank of America's home equity business and oversaw a leading insurance service organization.
Desoer assumed her role in mid-2008 when she was asked to lead the integration of Countrywide Financial Corporation, which Bank of America acquired July 1, 2008. She led the April 2009 launch of the Bank of America Home Loans brand.
Prior to her mortgage role, Desoer served as chief technology and operations officer, managing the bank's global technology platforms and operations capabilities. She joined Bank of America in 1977 and has held leadership roles in commercial lending, consumer products, retail banking and marketing.
In 2008, Desoer was recognized by US Banker, ranking second in their annual ranking of "25 Most Powerful Women in Banking." She was also recognized by Fortune magazine as one of the "50 Most Powerful Women in Business" and ranked third on The Wall Street Journal's "50 women to watch" list.[1] In 2007, she was named "Business Leader of the Year" by the Haas School of Business at the University of California at Berkeley. In 2009, Forbes named her one of the 100 most powerful women in the world.[2]
A New York Times article reported that Desoer announced her retirement in February 2012. Bank of America stated that due to restructuring her position would not be filled and her unit would report to David Darnell who oversees the consumer banking branch of the company.[3]
Referencesedit
^"The 50 Women to Watch 2008". Wall Street Journal. 2008-11-11. ISSN 0099-9660. Retrieved 2018-03-14.
^"The 100 Most Powerful Women". Forbes.com. August 19, 2009.
^Schwartz, Nelson D. (3 February 2012). "Bank of America's Home Loans Head to Leave". DealBook. Retrieved 2018-03-14.
External linksedit
Barbara J. Desoer biography, BankofAmerica.com
- Forbes.com
Mortgage and home equity position news story
January 01, 1970
barbara, desoer, this, article, includes, list, general, references, lacks, sufficient, corresponding, inline, citations, please, help, improve, this, article, introducing, more, precise, citations, march, 2018, learn, when, remove, this, message, citibank, be. This article includes a list of general references but it lacks sufficient corresponding inline citations Please help to improve this article by introducing more precise citations March 2018 Learn how and when to remove this message Barbara J Desoer was CEO for Citibank N A beginning April 1 2014 and finished as CEO on May 10 2019 and was the COO for Citibank N A from October 2013 to April 1 2014 She was president of Bank of America Home Loans a leading U S mortgage originator and servicer She was a member of the senior management team of Bank of America Corporation having previously reporting to CEO Brian Moynihan Desoer led a business accounting for about 20 percent of the U S mortgage origination market with a 2 trillion servicing portfolio serving nearly 14 million customers nearly one in five mortgages in the U S She also managed Bank of America s home equity business and oversaw a leading insurance service organization Desoer assumed her role in mid 2008 when she was asked to lead the integration of Countrywide Financial Corporation which Bank of America acquired July 1 2008 She led the April 2009 launch of the Bank of America Home Loans brand Prior to her mortgage role Desoer served as chief technology and operations officer managing the bank s global technology platforms and operations capabilities She joined Bank of America in 1977 and has held leadership roles in commercial lending consumer products retail banking and marketing In 2008 Desoer was recognized by US Banker ranking second in their annual ranking of 25 Most Powerful Women in Banking She was also recognized by Fortune magazine as one of the 50 Most Powerful Women in Business and ranked third on The Wall Street Journal s 50 women to watch list 1 In 2007 she was named Business Leader of the Year by the Haas School of Business at the University of California at Berkeley In 2009 Forbes named her one of the 100 most powerful women in the world 2 She received her B A in mathematics from Mount Holyoke College in 1974 and her MBA from the University of California Berkeley A New York Times article reported that Desoer announced her retirement in February 2012 Bank of America stated that due to restructuring her position would not be filled and her unit would report to David Darnell who oversees the consumer banking branch of the company 3 References edit The 50 Women to Watch 2008 Wall Street Journal 2008 11 11 ISSN 0099 9660 Retrieved 2018 03 14 The 100 Most Powerful Women Forbes com August 19 2009 Schwartz Nelson D 3 February 2012 Bank of America s Home Loans Head to Leave DealBook Retrieved 2018 03 14 External links editBarbara J Desoer biography BankofAmerica com Barbara J Desoer Profile Forbes com Mortgage and home equity position news story Retrieved from https en wikipedia org w index php title Barbara J Desoer amp oldid 1147909505, wikipedia, wiki, book, books, library,
