The former chief executive of Merrill Lynch’s private banking joint venture with Mitsubishi UFJ Financial Group has been made Bank of America’s Tokyo branch manager.

The former chief executive of Merrill Lynch’s private banking joint venture with Mitsubishi UFJ Financial Group has been made Bank of America’s Tokyo branch manager, according to Bloomberg.

This publication is in contact with Bank of America to check details.

The report said Ohmori, who is currently vice chairman at Merrill Lynch Japan Securities, starts her role on 1 August. She joined Merrill Lynch Japan in 1995 and served as chief executive of Mitsubishi UFJ Merrill Lynch PB Securities Co for three and a half years before the tie-up was disbanded.

The Tokyo branch manager post became vacant in February after Tim Latimore was appointed Bank of America country executive and president of Merrill Lynch Japan Securities. Ohmori will report to Latimore, the report said.

Mitsubishi UFJ agreed to buy BoA’s 49 per cent stake in their private bank venture in December 2012. The venture changed its name to Mitsubishi UFJ Morgan Stanley PB Securities Co. at the start of the year.