Bank of America Chief Executive Officer, Kenneth Lewis, named today Gregory Curl as the company’s Chief Risk Officer.

Curl, 60, will take over on June 30, replacing Amy Woods Brinkley. Brinkley is set to retire later in the summer, but will continue to voluntarily serve on the bank's charitable board.

Brinkley has regularly been named to lists of the most influential women in business and her retirement caps an extraordinarily varied and productive career within Bank of America.

Brinkley previously was president of consumer products, a business group comprising card services, consumer finance, consumer real estate, community development, consumer e-commerce and insurance. She has also previously been the company’s principal marketing executive.

Amy has made a tremendous contribution to our company over the years in a variety of roles, Lewis said.

Curl, a 31-year veteran of the bank, has had several roles in corporate development since 1997 and most recently has been Global Corporate Strategic Development and Planning executive. He will continue to be a member of the Management Committee.

Shares in afternoon trading gained 53 cents or 4.7 percent up to $11.74 each.