Netra Kumar

Netra Kumar

Managing Director, Treasury Sales Executive at Bank of America – Working Capital & Cash Management Advisory | Track record of Turnarounds • Jump-starting Growth • Top Sales Performance • Global Team Leadership

Role
Managing Director, Global Head of Healthcare, Global Payments Solutions at Bank of America
Location
New York, NY, US
LinkedIn followers
500 followers

About Netra Kumar

As a Treasury Sales leader, I bring a track record of jump-starting growth, turning around businesses, and driving results. Currently a Managing Director at Bank of America, I Lead the global Healthcare franchise within Bank of America’s Global Payments Solutions business, setting the global strategy, and driving growth, across markets.I’m viewed as a thought leader and trusted advisor to S & P500 key accounts across six continents. I’ve led teams of up to ~200 and bring a passion for taking on tough business challenges. Highlights:• Turned around two businesses via business model innovation and team culture transformation:o Turned around GE’s worst-performing branch in three months, taking it to #3 out of 118. Developed new business model and employee engagement initiatives.o Turned around “Citigold” client origination unit, from zero growth to accelerating annual growth.• Top sales performer:o Led Citi Treasury Sales Account Managers in exceeding both team and individual goals every year; each of the seven team members were ranked in the top 15%.o Jump-started revenue growth of Bank of America cash management portfolio – 29% in 2023.o Ranked among the top 5 revenue generators at Citi. o Received numerous awards for team and individual sales success.• Achieved results by:o Creating engaged, collaborative, disciplined team cultures at three organizations; saw high retention of strong performers; fostered staff development, including promotions.o Improving or transforming business models, e.g, developing innovative partnerships and incentives.o Developing trusted advisor relationships with Fortune 500 key accounts, and retaining high-risk accounts.o Thought leadership: invited to speak at leading global conferences including Eurofinance, ETA\'s TRANSACT -Tech, Women in Payments and PayTech Women’s conferences.o Global perspective: advised clients across six continents; led diverse teams in India and the U.S. Twice nominated for BofA Global D&I Award.o Influencing senior stakeholders globally in highly matrixed client and bank environments.• Recognized for service at Bank of America (Volunteer Honor Roll): Key role on Global GTS Employee Satisfaction Council, led Women’s’ Leadership Council P10 program, developed “Women in Treasury” series.

Experience

  1. Managing Director, Global Head of Healthcare, Global Payments Solutions

    Bank of America

    Jun 2024 — Present · New York, NY, US

    Lead the global Healthcare franchise within Bank of America’s Global Payments Solutions business, setting the global strategy, and driving growth, across markets.Champion a culture of collaboration and accountability, connecting teams, insights and capabilities globally, to deliver the full strength of Bank of America to our healthcare clients. Drive strategic sales initiatives that deepen client relationships, unlock new opportunities, and position Bank of America as the trusted partner of choice in this rapidly evolving healthcare sector.Focused on delivering meaningful client outcomes — helping healthcare leaders navigate complexity, optimize global liquidity and payments, and capture sustainable growth

Education

  • The Ethiraj College for Women, India

    B.Com, Commerce

    1997 — 2000

  • Institute For Technology and Management

    Master of Business Administration - MBA, Marketing

    2000 — 2002

Skills

  • Retail Banking
  • Relationship Management
  • Commercial Banking
  • Loans
  • Management
  • Mergers & Acquisitions
  • Cash Management
  • Sales
  • Banking
  • Mutual Funds
  • Financial Services
  • Branch Banking

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