On Monday Bank of America Merrill Lynch announced that Cathy Bolz was hired to the Institutional Client Relationships leadership team as an Executive Client Relationship Manager, reporting to Kevin Crain.

This is a newly created role, where Bolz, who has over 25 years in the financial services industry, will be responsible for senior level relationship management for a small number of the firm’s largest existing institutional retirement clients. She will be based in New York City and will begin in early August.

Bolz previously worked for Blackrock, where she most recently served as a Managing Director responsible for leading the company’s employee benefit programs. In her role at Blackrock, she also served as a member of the Institutional Retirement Client Advisory Council.

Before joining Blackrock, Bolz spent ten years in senior human resources and benefits roles at Morgan Stanley and Merrill Lynch.

“Cathy’s extensive experience working with plan sponsors and within HR and benefit organizations brings a depth of knowledge and skills to our team that will help us to drive growth, and highlights our commitment to delivering the highest level of service to clients,” said Crain, in a press release.