Duncan McInnes

CIO Global Markets

Professional Overview

Duncan McInnes is an accomplished technology executive with over 25 years of experience in the global financial services industry. As the CIO of Global Markets at Bank of America, he is responsible for leading the firm's technology strategy and solutions across its Fixed Income, Currencies, and Commodities (FICC) business. Duncan is a seasoned expert in electronic trading, risk management, and enterprise technology, with a proven track record of driving innovation and operational excellence.

Experience Summary

Current Role

As the CIO of Global Markets at Bank of America, Duncan is responsible for overseeing the firm's technology strategy, architecture, and implementation across its FICC business. He leads a global team of technologists in developing and maintaining cutting-edge trading platforms, risk management systems, and data analytics solutions to support the bank's market-leading FICC franchise. Under Duncan's leadership, the Global Markets technology team has delivered significant improvements in trading efficiency, risk mitigation, and client experience, positioning the bank as a preferred partner for institutional investors and corporate clients.

Career Progression

Prior to his current role, Duncan held several senior-level positions at Bank of America Merrill Lynch and Morgan Stanley, including Global Head of FICC Technology, Global Head of Enterprise Risk Technology, and Managing Director in the Corporate Derivative Group. Throughout his career, he has demonstrated a deep understanding of market dynamics, regulatory requirements, and emerging industry trends, enabling him to develop and implement technology solutions that drive business performance and mitigate risk.

Academic Background

Duncan holds a Bachelor's degree in Mathematics from the University of Cambridge, where he graduated with honors. He has also completed executive education programs at leading business schools, further strengthening his strategic and leadership capabilities.

Areas of Expertise

FICC technology strategy and architecture

Electronic trading platforms and execution engines

Risk management systems and data analytics

Regulatory compliance and reporting

Global team leadership and technology transformation

Professional Impact

Under Duncan's leadership, the Global Markets technology team at Bank of America has consistently delivered innovative solutions that have enhanced the bank's competitive position and improved client outcomes. Key achievements include:

Spearheading the implementation of a next-generation electronic trading platform, resulting in a 20% increase in trading volumes and a 15% improvement in execution quality

Developing a comprehensive risk management framework that has enabled the bank to proactively identify and mitigate market and operational risks, leading to a 30% reduction in risk-related incidents

Driving the transformation of the bank's data infrastructure, enabling the delivery of real-time analytics and insights that have improved trading strategies and client service

Conclusion

With his extensive experience, deep industry expertise, and proven track record of delivering impactful technology solutions, Duncan McInnes is well-positioned to continue driving the growth and innovation of Bank of America's Global Markets business. His commitment to excellence and client-centric approach make him a valuable asset to the organization and a respected leader in the financial services technology landscape.