Bank of America Merrill Lynch has named new coheads of its global leveraged finance group, according to an internal memo.

A.J. Murphy and Robert Schleusner will report to Alastair Borthwick and Lisa Carnoy, coheads of global capital markets, in their new role.

Murphy was most recently cohead of Americas leveraged finance capital markets. She joined BofA two years ago as head of leveraged loan capital markets and leveraged loan primary sales.

Schleusner was most recently head of the bank’s leveraged finance group in Charlotte, N.C. and a senior member of the leveraged finance capital markets team. He joined BofA in 1997.

The move was made in the wake of former global leveraged finance head David Flannery being named BofA’s global banking and markets risk management head.

In other leveraged finance people moves, Jefferies has named Christopher Burns as a managing director in the firm’s leveraged finance investment banking group.

Burns joins from Goldman Sachs, where he was co-head of industrials leveraged finance. He will be based in Jefferies’ New York office.

“Our leveraged finance business continues to rapidly expand, as evidenced by the fact that Jefferies has bookrun 118 leveraged finance transactions in the last 12 months, including 53 leveraged loans and 65 high yield bond offerings,” Benjamin D. Lorello, global head of investment banking and capital markets, said in a statement.

Lorello said the addition of Burns is part of the firm’s ongoing strategy to build on this momentum and provide “best-in-class execution” to its clients.

Burns has more than 15 years of experience, including seven in leveraged finance investment banking. Prior to joining Goldman, he worked in mergers and acquisitions investment banking at Merrill Lynch, and prior to that, was a senior underwriter in structured finance at Fleet Boston Financial.

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