Strategic Insights into Banking & Fintech

JPMorgan Chase gives Marianne Lake more responsibilities

JPMorgan Chase in New York is giving more responsibility to Marianne Lake, seen as a potential successor to CEO Jamie Dimon.

Dimon, along with President Daniel Pinto, wrote in a memo to employees that Lake, CEO of consumer and community banking, will take over leadership of international consumer banking and the bank’s strategic growth office.

The move comes as Sanoke Viswanathan, JPMorgan Chase’s CEO of international consumer and wealth, plans to leave to become CEO of FactSet in September.

Lake “will continue to build on” previous achievements “as we expand our consumer franchise beyond the U.S.,” the memo said.

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