Alastair Borthwick is head of Global Commercial Banking for Bank of America Merrill Lynch and is a member of the Global Banking & Markets Operating Committee. He is based in New York.
The Commercial Bank delivers integrated banking solutions to clients across Middle Market Banking, Real Estate, Specialized Industries, Dealer Financial Services and Business Capital. In 2013, Euromoney named BofA Merrill Best Global Small and Medium Size Enterprises (SME) Finance House, the only year in which the award was presented. Most recently, Euromoney awarded BofA Merrill Best Global Transaction Services House 2014. Additionally, Euromoney appointed the firm Best Cash Management House in North America 2014 for the fourth consecutive year.
Prior to being named to his current role in December 2012, Borthwick was a managing director and co-head of Global Capital Markets (GCM). In that role, he had responsibility for Equity Capital Markets, Investment Grade Debt Capital Markets, Leveraged Finance, and Global Origination for Rates & Currencies.
BofA Merrill has won multiple awards for excellence in capital markets, as well as corporate and investment banking. In 2014, Euromoney appointed BofA Merrill Best Global Investment Bank and Best Investment Bank in North America. In 2013, The Banker named the firm Most Innovative Investment Bank of the Year, Most Innovative Investment Bank from North America, Most Innovative in Bonds and Most Innovative in M&A. Additional awards include: Euromoney Best Global Equity House 2012; and Global Finance Best Global Debt Bank 2012.
Previously, Borthwick was head of Global Investment Grade Debt Capital Markets, a position he held since joining the company in October 2005. Borthwick spent the prior 12 years at Goldman Sachs.
Borthwick is active in charitable and philanthropic activities. He is a member of the national board of directors of the Posse Foundation, one of the most comprehensive and renowned college access and youth development programs in the United States.
Borthwick earned a Masters in Business Administration from the Amos Tuck School at Dartmouth College, and he graduated from the University of St. Andrews in Scotland where he majored in Economics and Statistics. He is a member of the Board of Advisors for Tuck.