Sallie Krawcheck, one of the most high-profile women in wealth management and the former president of Bank of America’s global wealth unit, has joined Gold Bullion International’s advisory board with immediate effect.
Krawcheck left the world’s biggest wealth manager last year as part of a management layer removal by BofA chief executive Brian Moynihan, the firm said at the time.
One of the relatively small numbers of high-flying women in the traditionally male-dominated wealth management industry, Krawcheck had been in the post since August 2009, having previously been CEO of global wealth management at Citigroup.
In her new role Krawcheck joins four other business and government executives on GBI's advisory board, made up of: Wesley Clark, John Hathaway, Arthur Levitt and Dan Tapiero.
Gold Bullion International enables investors to acquire physical precious metals from approved dealers and store and manage them through vaults across New York, Salt Lake City, UT, London and Zurich.
“Creating a seamless platform and democratizing the ownership of physical gold and precious metals is much overdue and another important tool for investors,” Krawcheck said.
GBI also recently announced a program which allows publicly-traded companies to offer shareholders dividends in physical gold or silver, instead of cash.