Managing Director at Bank of America Merril Lynch
Bina Kalola is a Managing Director in Global Banking & Markets (GBAM) Financial Technology Innovation & Investments. In her role she identifies technology trends and innovation opportunities, drives the sourcing and screening of new financial technology companies, and is the central platform to collaborate and partner across and with each line of business in GBAM and GBAM partners to identify and pilot with strategic financial technology platforms.
Prior to her current role, she was head of Equities Strategic Direct Investments and head of Global FICC e-Trading Market Structure Strategy at the firm. In her Global FICC e-Trading role, Kalola was responsible for driving market structure strategy, as well as identifying innovation ideas and new opportunities with third party platforms. In her Global Equities role, Kalola managed a global strategic investments portfolio, which included identifying strategic opportunities and driving investments within the financial technology, market data and infrastructure technology sectors.
Previously, Kalola was assistant general counsel at Merrill Lynch, responsible for the execution and management of the firm's international and domestic proprietary acquisitions and divestitures across global business areas. Prior to joining Merrill Lynch, Kalola co-founded NetProphets, a start-up company involved with incubating proprietary and client business plans in Australia and India. She was engaged in all aspects of business development, including capital raising, structuring and developing business strategy. Before that, she practiced Mergers & Acquisitions and Securities law at Fried, Frank, Harris, Shriver & Jacobson, and was an analyst at Salomon Brothers from 1991-1994.
Kalola served as co-chair of Bank of America Merrill Lynch’s Women's Leadership Council and is actively involved with several industry groups. She sits on the Barnard College Athena Leadership Council and takes part in recruiting efforts at Barnard and Columbia. In 2013, Kalola was the recipient of Trader’s Magazine’s “Women on Wall Street TrailBlazer Mentor Award,” in 2015 she was named in Institutional Investor magazine’s “Trading Technology 40,” a list of the financial services industry’s top technology innovators, and most recently she was Ranked in Institutional Investor’s 2016 “Fintech Finance 35,” which turns a spotlight on the financiers who fund fintech innovation.