Rahul D. Samant

Chief Information Officer (CIO), Head of Technology and Operations, Global Wealth Investment Management, Bank of America

Rahul D. SamantRahul is an alumnus of St. Stanislaus where he started in the KG and completed his SSC in 1981. He was a Kostka House Captain.

Rahul Samant was recently promoted to be one of 4 CIO's at Bank of America which was the world's most profitable financial services company in Q2 of 2006.

In this capacity, he oversees all technology and back office operations for one of the company's 3 revenue producing divisions Wealth Investment Management. He is based in Boston and maintains a second office and his residence in Charlotte, North Carolina, the headquarters of Bank of America. He is also a member of the Bank's Management Operating Committee, which comprises the top 100 senior leaders at Bank of America.

Prior to this role, from 2001 to July 2006, Rahul was Managing Director of the Global Delivery Center of Expertise (GDC), where he created and implemented the bank's global offshore sourcing strategy for both Technology and Business Processing Operations. He was also responsible for managing strategic outsourcing partnerships offshore and had responsibility for the Bank's wholly owned operations subsidiary in India named BA Continuum Solutions. Rahul continues to be on the Board of Directors of BA Continuum Solutions.

Rahul joined Bank of America in 1993 as a Team Leader on the Foreign Exchange system in Dallas, TX. In the next 8 years, he held various positions managing technology groups in the support of Corporate Treasury, Securities Back-office, Fixed Income Sales and Trading etc.

Prior to Bank of America, Rahul did various consulting engagements implementing large Banking applications at various financial institutions in the UK for 3 years. Prior to which he worked at Tata Unisys Ltd and Rolta Computers in Mumbai for about 18 months after graduation.

Rahul, graduated from Bombay University with a Bachelors in Electronics Engineering where he majored in Microprocessors and Digital Electronics. He earned a master's degree in General Management from Wake Forest University, North Carolina in 1998.

His elder brother, Sunil, a practicing lawyer in the Bandra court is also an alumnus of the school. Rahul lives in Davidson, a suburb of Charlotte with his wife and two daughters aged 13 and 10. In his free time, Rahul enjoys reading, spending time with his family, listening to all types of music, planning and traveling to different places. Their most recent family vacation was in Scandinavia in summer of 2006. He makes an annual trip back to India to spend time with family in Mumbai.