Bank of America Merrill Lynch promoted two more executives from its collateralized loan obligation unit to top roles in global structured finance.

Megan Messina and David Trepanier were each named co-head of global structured products and credit financing this week, according to a person familiar with the situation. The duo will report to Frank Kotsen, head of BAML’s global credit and special situations.

Messina formerly ran the CLO origination operations at BAML, while Trepanier led CLO trading.The latest appointments follow a banner year for CLO creation and for BAML. A record $124 billion of U.S. deals were printed in 2014, according to Thomson Reuters LPC.

BAML was the second-most active CLO arranger in 2014 with 32 global deals totaling $16.9 billion (27 in the U.S. valued at $14.09 billion), behind Citigroup’s 45 global deals worth $22.34 billion, according to CLO newsletter and data publisher Creditflux. BML ranked third on arranger tables behind Morgan Stanley in terms of dollar volume of deals in both global and U.S. rankings.

Messina and Trepanier join another CLO veteran, Brian Carosielli, as new appointees to top structured credit roles at the company. Earlier this month, Carosielli was promoted from head of the CLO business to head of global structured products, in charge of asset-backed securities, commercial mortgage-backed securities and other mortage-backed debt. He reports to James DeMare, head of global mortgages and securitized products, and Bernard Mensah, global head of emerging markets sales and trading.

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