The financial world is in mourning after two young Bank of America associates passed away unexpectedly in recent weeks. Adnan Deumic, 25, and Leo Lukenas, 35, both experienced sudden deaths, leaving colleagues and the industry in shock.
Bank of America confirmed the passing of Adnan Deumic, a 25-year-old credit portfolio and algorithmic trader based in the United Kingdom. Deumic reportedly died while playing soccer on Thursday night. “The death of our teammate is a tragedy, and we are shocked by the sudden loss of a popular, young colleague,” a Bank of America spokesperson stated. “We are committed to providing our full support to Adnan’s family, his friends and to our many employees grieving his loss.” Deumic had been with Bank of America since July 2022, according to his LinkedIn profile.
This tragic news follows closely on the heels of the death of Leo Lukenas, a 35-year-old investment banker in Bank of America’s New York City group. Lukenas passed away due to an acute coronary artery thrombus, as confirmed by the New York City Office of the Chief Medical Examiner. His death occurred just weeks before Deumic’s, adding to the somber atmosphere at the financial institution.
Bank of America building representing corporate headquarters and employee locations
Reports indicate that Lukenas had been working extensive hours, sometimes exceeding 100 hours per week. A recruiter who had spoken with Lukenas about potential new job opportunities told Reuters that Lukenas was seeking to leave his position at the time of his death. While Wall Street is known for its demanding work culture, the proximity of these two deaths has sparked conversations about the pressures faced by young professionals in the financial industry.
Iconic Wall Street sign symbolizing the financial industry's demanding work environment
Lukenas, a former Green Beret, joined Bank of America in March 2023 and quickly advanced to the role of investment banking associate, according to his LinkedIn profile. Bank of America expressed deep sorrow regarding Lukenas’s passing, stating, “We are devastated by the loss of our teammate. We continue to focus on doing whatever we can to support the family and our team especially those who worked closely with him.”
Bank of America corporate building exterior with American flag, representing company presence and values
While Deumic’s work hours were reportedly more standard, the consecutive deaths of two young Bank of America associates have nonetheless prompted reflection within the company and the wider financial community. As of now, neither death has been officially linked to long working hours, but the sudden nature of these losses is undoubtedly felt deeply by those at Bank of America and beyond.
