The appointment is another in a series of hires that Bank of America has made around the US at its private banking arm.

Bank of America Private Bank has appointed former Citi Private Bank senior figure Nicole Nunag (pictured below) as a managing director, and private client advisor in New York City.

Nicole Nunag

In her new role, Nunag will provide wealth management solutions including investment services, strategic philanthropy, family office solutions, art services, credit solutions and wealth planning services.

In February, BoA’s private bank appointed another figure from one of its banking peers, Mike Marino as Georgia market executive. Previously, he worked at JP Morgan Private Bank, where he was vice chairman of its South Atlantic region.

Track record
With nearly 30 years of experience serving ultra-high net worth individuals and their families, Nunag was previously at Citi Private Bank. She began her private banking career at JP Morgan Private Bank. 

A native New Yorker, Nunag champions several local non-profits and arts and cultural institutions; she is a committee member at the New Museum, a board member with Carnegie Hill Neighbors and volunteers with Central Park Conservancy. She holds an undergraduate degree from Hofstra University and an MBA from the Leonard N Stern School of Business at New York University.

See here for the latest financial results at Bank of America. In January, BoA's Merrill Wealth Management launched its new UHNW Advisory Group. 

In November 2024, Bank of America Private Bank added a team of former Citi Private Bank figures in Palm Beach, Florida.

Family Wealth Report recently interviewed BoA about its private banking strategy in regions such as the US southeast.