Jamie Dimon, CEO of JPMorgan Chase, has elevated two executives to the role of co-president. The move is the latest in a leadership succession plan at the bank, which manages $3.2 trillion in assets.
In 2018, Dimon similarly named Daniel Pinto and Gordon Smith as co-presidents to groom potential successors. Gordon Smith has since departed, and Daniel Pinto is set to relinquish his president and COO duties by mid-2025, ahead of a retirement in late 2026.
Dimon, 69, has not announced a retirement date. The bank continues to advance its blockchain platform Kinexys for institutional payments and tokenization.