JPMorgan controller named company and investment decision bank CFO

Dive Brief:

• JPMorgan Chase has named Nicole Giles, its firm-vast controller, CFO of its company and investment lender, according to an interior memo attained by CFO Dive.

• Prior to the controller role, Giles served as finance main of the bank’s investor companies enterprise, which consists of custody and fund services. In that position, she oversaw controls, method and monetary scheduling, the memo said.

• Giles joined the firm’s Australian department as a controlling director in 1996 and has held positions throughout business enterprise lines in Australia, Singapore and Japan. 

Dive Perception:

JPMorgan Chase is 1 of the far more diverse banking companies when it arrives to C-suite leadership. The firm’s CFO, Jennifer Piepszak, took around from Marianne Lake in 2019 when Lake was promoted to CEO of Chase’s purchaser lending small business, the memo stated. 

Giles’ appointment final results in the firm’s two biggest divisions staying led by women of all ages CFOs. The other division, customer and group banking, has been overseen by Sarah Youngwood as CFO due to the fact 2016. 

Giles replaces Jeremy Barnum, who moves to head of international investigation. He has been CFO and main of workers of the company and financial investment bank given that 2013 and will now direct Wall Street’s main analysis firm, the memo stated. 

Derek Waldron will think the company and expense bank main of staff part in addition to other positions.

Representatives for Giles declined to comment.