The Strategist

JPMorgan to reorganize business and change senior management team

01/29/2024 - 02:39

US bank JPMorgan Chase & Co announced senior management changes and a corporate reorganization.

Gideon Benari
Gideon Benari
According to a press release from the bank, Troy Rohrbaugh, co-head of Markets and Securities, and Jennifer Piepszak, co-head of Consumer and Community Banking (CCB), will lead the expanded Commercial & Investment Bank together.

The latter will combine the Global Investment Banking, Commercial Banking, Corporate Banking and Markets, Securities Services, and Global Payments sectors. Large and medium-sized businesses will receive better services as a result of the restructuring.

Global Corporate Banking will also be added to the Commercial Banking section and headed by Chief of Commercial Banking Douglas Petno.


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