Board Member JP Jolly

Timothy Billings

Hubert J.P. Jolly is head of Channels and Global Commercial Banking (GCB) in Global Transaction Services (GTS) at Bank of America Merrill Lynch. In his Channels role, Jolly is responsible for the global team that delivers the CashPro® digital suite of solutions, consisting of Online, Mobile and Connect, including application program interface (API). For GCB, Jolly oversees the delivery of treasury, liquidity, trade services, supply chain finance, payments and commercial cards to commercial and institutional clients across the United States and internationally. The client set spans middle market, healthcare, education, not-for-profit and commercial real estate companies.   

Jolly joined BofA Merrill in June 2017 as head of Financing and Channels in GTS. In this role, Jolly was responsible for the Global Trade and Supply Chain Finance and the Global Card and Comprehensive Payables teams. Additionally, he oversaw the GTS Innovation team that is responsible for identifying and investing in emerging technologies and payments solutions, and the Channels team.

Prior to joining BofA Merrill, Jolly served as the Global Head of Channel & Enterprise Services for Citi Treasury and Trade Solutions. In this role, he was responsible for digital channels including CitiConnect® (Swift, file and messaging) and CitiDirect BESM, the online and mobile banking platform, across 96 countries. Jolly was also responsible for digital strategy, the bank’s innovation labs and the global enterprise platforms for account services, core banking, billing and statements, customer relationship management and data management. In addition, he led the strategy and transformation of Prepaid Card Services to position the business’ exit from Citi. 

Jolly previously held other senior positions at Citi including global head of Commercial Cards and Procure to Pay and was personally involved in a range of industry firsts, including the launch of a global multi-currency virtual card platform and winning the mandate for the largest commercial card program by volume in industry history.  During his 20-year career with Citi, Jolly worked in Argentina, New Zealand, Poland, Saudi Arabia, Singapore and the United States.

Jolly is a Belgian citizen. He graduated from Georgetown University and studied abroad at the London School of Economics. Jolly is a member of the Georgetown University McDonough School of Business Board of Advisors and chair of the New York Chapter of the Bank of America Disability Advocacy Network.