First Person
Barbara J.Desoer
Barbara J.Desoer
MBA 77

President
Bank of America Home Loans & Insurance
Charlotte, North Carolina

 

 

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Barbara Desoer is president of Bank of America Home Loans & Insurance. She oversees a home loans business that accounts for about 20 percent of the US mortgage origination market, with a $2 trillion servicing portfolio serving nearly 14 million customers. She also oversees the bank's home equity business and insurance services organization, which is the world's largest provider of loan protection products.

In 2006 and 2007, US Banker named Desoer one of the "25 Most Powerful Women in Banking." Desoer's broad mandate—one that covers technology connecting Bank of America with its approximately 53 million consumer households, as well ensuring that critical operations function reliably and efficiently to the satisfaction of the bank's customers—requires strong technical, analytical, and strategic skills. Desoer says she was drawn to Haas because the school provided her with a comprehensive education in these core areas.

She says her time at Haas has helped her throughout her career by giving her both an analytical foundation and early leadership experience. "The MBA program provided me with a foundation of technical skills which I have applied in various roles throughout my career," she says. "Team projects in the program helped me understand group dynamics such as leadership, compromise, and how to more effectively work as a team."