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JPMorgan Appoints Jennifer Piepszak as New COO, Strengthening Leadership for Future Growth

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Posted: 14th January 2025 by
Izabel Modano
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JPMorgan Appoints Jennifer Piepszak as New COO, Strengthening Leadership for Future Growth.

JPMorgan has appointed Jennifer Piepszak, a seasoned executive with over two decades of experience at the firm, as its new Chief Operating Officer (COO). This strategic move marks a significant milestone in JPMorgan's leadership transition, positioning Piepszak as a key figure in steering the bank through a rapidly evolving financial landscape.

Previously serving as the Chief Financial Officer (CFO) for the Consumer & Community Banking division, Piepszak’s extensive experience with the bank's operations, technology, and financial strategy made her the ideal candidate for the COO role. In her new capacity, Piepszak will oversee the bank's global operations, technology services, and other critical functions. Her appointment signals JPMorgan's commitment to enhancing operational efficiency and innovation, particularly as the bank continues to navigate complex industry challenges.

"Jennifer's leadership has been instrumental in our growth, and we are excited for her to take on this new role," said Jamie Dimon, CEO of JPMorgan. "Her deep knowledge of our business and her ability to manage complex challenges make her the perfect leader to drive JPMorgan forward."

Piepszak’s promotion underscores JPMorgan’s strategy to leverage internal talent for leadership positions, as the bank continues to prioritize technological innovation and operational excellence. With her wealth of experience, Jennifer Piepszak is expected to play a pivotal role in shaping JPMorgan's future as it adapts to the evolving needs of the global financial industry.

During the first 17 years at JPMorgan, Jennifer Piepszak held progressively senior roles within the Investment Bank. These included Controller for Global Equities and Prime Services, CFO and Controller for the Proprietary Positioning Business and Principal Investments Management, and CFO for the Investment Bank's Credit Portfolio, along with oversight of several Fixed Income markets businesses.

Mrs. Piepszak holds a Bachelor of Science degree from Fairfield University and is on the board of directors for the United Way of New York City and the American Bankers Association. She and her husband have three children and live in New Jersey.

JPMorgan Chase & Co. is a global financial services leader, providing a wide range of solutions to individuals, businesses, governments, and institutions. Headquartered in New York City, the company operates in over 100 markets worldwide.

With a history dating back to 1799, JPMorgan Chase is one of the largest and most influential financial institutions globally. Its key business divisions include Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and Consumer & Community Banking.

 

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