(Reuters) - Bank of America ( BAC ) has hired Citigroup's ( C/PN ) Chief Accounting Officer Johnbull Okpara to act in the same position, the Financial Times reported on Monday.

Okpara resigned from Citi earlier this month. At Bank of America ( BAC ), he will replace Rudolf Bless, who has been the chief accounting officer at BofA for nearly a decade, the report added, citing an internal memo.

The report did not clarify the reason for Bless stepping down from his role.