Bank of America Merrill Lynch Expands Clean Technology Investment Banking Team

NEW YORK, May 10 /PRNewswire/ -- Bank of America Merrill Lynch (BAML) today announced the expansion of its clean technology investment banking team with the addition of Jon Krahulik as managing director and global head of clean technology investment banking, and Riaz Ladhabhoy as director, clean technology investment banking.  

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Krahulik and Ladhabhoy will join the firm's Palo Alto, Calif. office in July and June respectively reporting to Chet Bozdog, global head of technology corporate and investment banking, and will be responsible for growing the firm's coverage of companies across the clean tech sector globally.

"Clean tech is a critically important sector of the economy, representing one of the biggest growth areas for the global technology industry," said Bozdog. "Through our 10-year, $20 billion dollar environmental business initiative, Bank of America is helping address climate change by supporting the advancement of low-carbon technology and business solutions. The addition of Jon and Riaz, two of the most seasoned thought leaders in the space, is an exciting prospect as we expand our capabilities to help these clients grow their businesses and continue to innovate."  

Krahulik will join BAML from Deutsche Bank Securities, where he served for four years, most recently leading clean tech investment banking. Earlier in his career, Krahulik spent seven years in the global technology group at Lehman Brothers, most recently as a senior vice president. He holds a bachelor's degree from Syracuse University, a JD from Albany Law School and an MBA from the J.L. Kellogg Graduate School of Management at Northwestern University.

Ladhabhoy also will join from Deutsche Bank Securities, where he spent more than five years in the technology investment banking group, most recently as a director. Previously, he spent four years as an associate at Cooley Godward LLP. Ladhabhoy holds a bachelor's degree from Duke University and a JD with a certificate in business law and regulation from Cornell Law School.

Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 58 million consumer and small business relationships with more than 5,900 retail banking offices, more than 18,000 ATMs and award-winning online banking with nearly 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation.  Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC.  Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, Banc of America Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, which are both registered broker-dealers and members of FINRA and SIPC, and, in other jurisdictions, locally registered entities.  Investment products offered by Investment Banking Affiliates:  Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed

SOURCE Bank of America Merrill Lynch

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