Loli Wu has been appointed managing director and head of Americas transportation and infrastructure investment banking at Bank of America Merrill Lynch. Wu, who will begin in October, will be based in New York and report to John Pratt, global head of aerospace and defense, autos, capital goods and transportation corporate and investment banking.
Wu will be responsible for leading the firm’s transactions in the transportation and infrastructure sectors, including shipping, railroads, ports, trucking, logistics and airlines. Wu was most recently at Citigroup where he spent more than 12 years, most recently as head of surface transportation and logistics investment banking.
“Loli is considered one of the top bankers in the transportation and infrastructure sector with nearly 20 years of experience in the sector and a deep transactional track record,” says Pratt. “We look forward to working closely with Loli to leverage his knowledge and leadership as we continue strengthening our transportation and infrastructure practice to meet our clients’ evolving needs.”
“Bank of America Merrill Lynch is a global leader in transportation and infrastructure corporate and investment banking. Loli’s addition enhances our deeply talented team and will position us to gain even greater market share,” says Purna Saggurti, global head of industrials, energy and power, and real estate, gaming and lodging corporate and investment banking.
L.D.