Ray Wood will become head of the bank's global natural resources banking team, while Julian Mylchreest was promoted to a role dealing with clients in Europe

Former Publishing Editor

Bank of America has named new leaders of its investment banking team advising firms in the natural resources sector, promoting a long-serving dealmaker into an executive vice chair role.

The US bank has named Ray Wood sole head of its global natural resources investment banking team, according to an internal memo seen by 

, and promoted his former co-head Julian Mylchreest into a role developing relationships with some of its key clients in Europe, the Middle East and Africa.

Bank of America shakes up natural resources team

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