Facts & Resources

Catherine P. Bessant, Global Technology and Operations Executive, Bank of America

Cathy Bessant

Catherine P. Bessant is Global Technology and Operations executive at Bank of America and a member of the company’s executive management team. 

Since 2010, Bessant has been responsible for delivering end-to-end technology and operating services across the company through a team of more than 110,000 employees and contractors in 34 countries around the world.

Global Technology and Operations provides the platforms and fulfillment services that sustain the company’s consumer banking, wealth management, commercial banking, treasury services, sales and trading, and investment banking businesses – as well as risk management, finance and other critical support functions. Bessant’s team also oversees the company’s business continuity and information security strategies and policies. 

Bessant has held a number of senior leadership roles for the company. Most recently, she was president of Global Corporate Banking. Prior to that, she was president of Global Product Solutions and Global Treasury Services; chief marketing officer; president of Consumer Real Estate and Community Development Banking; National Small Business Segment executive; and president of Bank of America, Florida. She joined Bank of America as a corporate banker in Texas in 1982.

Bessant chairs Bank of America’s Environmental Program, a position she has held since 2011. She oversees the company’s current multi-year $70 billion environmental business initiative to help support clean energy and reduce demands on natural resources through lower-carbon lending, investment and financing solutions. She also oversees the company’s efforts to reduce the environmental impact of its own operations.

Bessant serves on the board of trustees for the University of North Carolina at Charlotte, a 27,200-student university and one of the fastest-growing in the UNC system. She sits on the advisory board for the Ross School of Business at the University of Michigan and is lead director for Florida Blue, formerly Blue Cross and Blue Shield of Florida. She is the immediate past chair for the board of directors of Foundation for the Carolinas, one of the largest community foundations in the United States.

Bessant was named InformationWeek’s “Chief of the Year” in 2014. She currently ranks No. 7 on American Banker’s “25 Most Powerful Women in Banking” list. Bessant also was named one of Computerworld’s “Premier 100” IT leaders, and was No. 3 on the 2014 Institutional Investor “Tech 50” list of financial services leaders in technological achievement and innovation.

Download Cathy Bessant's biography (printable PDF format)

Recent Press Releases

Mar. 18, 2014 - Anita Borg Awards Bank of America 2014 Top Company for Women in Computing – Cathy Bessant

May 1, 2013 - Bank of America Partners with American Forests: $250,000 Grant to Fund Assessment of Urban Forests and Climate Change in Five U.S. Cities – Cathy Bessant


Articles and Speeches

April 10, 2015 - Cathy Bessant wants top 5 tech talent in the world at Bank of America, Charlotte Business Journal – Cathy Bessant

Feb. 27, 2015 - Bank of America’s Cathy Bessant talks of cybersecurity, jobs and … dancing, Charlotte Observer – Cathy Bessant

Jan. 22, 2015 - BoA: IT is an arms race, Reuters – Cathy Bessant

Dec. 1, 2014 - IT Chief of the Year – Bank of America’s Cathy Bessant, Information Week – Cathy Bessant

Sept. 24, 2014 - Why This Bank of America Executive Thinks a Board Seat is So Much More Than a Resume Builder, bizwomen – Cathy Bessant

Sept. 22, 2014 - 25 Most Powerful Women in Banking, American Banker – Cathy Bessant

Sept. 22, 2014 - Gender Always Matters, American Banker – Cathy Bessant

July 9, 2014 - Catherine Bessant - No. 3 on Institutional Investor Tech 50, Institutional Investor magazine – Cathy Bessant


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