JayLazarin
Marianne Lake, who’s seen as a contender to succeed Jamie Dimon as CEO of JPMorgan Chase (NYSE:JPM), the U.S.’s largest bank by assets, has been put in charge of strategic growth and the company’s fast-growing overseas consumer bank, according to a media report.
That’s in addition to Lake’s current role leading the JPMorgan Chase’s (NYSE:JPM) consumer and community banking division, which serves 84M consumers in the U.S.
The appointment follows Sanoke Viswanathan’s departure to become CEO of financial data company FactSet, Bloomberg News reported on Tuesday, citing a memo it has seen.
Viswanathan, who was a member of JPMorgan’s (JPM) executive committee, has also been considered a contender to take over from Dimon. He also oversaw the international private bank and workplace solutions businesses within JPM’s asset and wealth management division, the report said.
“Sanoke has made an indelible and positive impact on JPMorgan Chase (JPM),” Dimon and President Daniel Pinto wrote in the memo, Bloomberg reported.
JPMorgan Chase (JPM) stock rose 0.4% in Tuesday morning trading.