NEW YORK, July 28 (Reuters) - Bank of America's ( BAC )

chief technology and information officer, Aditya Bhasin, is

retiring from the lender and will be replaced by Hari

Gopalkrishnan, according to an internal memo seen by Reuters on

Monday.

Bhasin, whose career spans more than two decades at BofA,

will take on a new role outside the bank advising and investing

in mid-sized companies. He serves on the bank's executive

management team and held roles in technology, marketing and

other areas during his tenure, according to the memo signed by

CEO Brian Moynihan.

The incoming tech chief, Gopalkrishnan, joined BofA in 2011

after holding senior technology roles at Citigroup.

Bank of America ( BAC ) has invested heavily in technology in recent

years. It has more than 59 million digital users and its patent

filings exceed 7,800.

Since the 2018 launch of its virtual assistant, Erica, the

company's use of artificial intelligence has grown, including

three billion client interactions via Erica, according to the

memo.