JPMorgan Chase announced that Daniel Pinto, the bank’s Chief Operating Officer, will be stepping down from his role in June 2025 after more than a decade of service. Pinto, who has been with the bank since 1983, played a key role in expanding the bank’s investment banking and markets divisions. In a statement, Pinto expressed his gratitude, saying, ‘It has been an honor to serve alongside my talented colleagues and contribute to the growth of JPMorgan Chase.’ As the company prepares for this leadership transition, Jennifer Piepszak has been named as the newly appointed COO, transitioning from her previous role as the Chief Financial Officer. Piepszak has an extensive background in finance, having spent nearly 30 years at the bank. ‘I am excited to take on this new leadership role and continue to drive our strategic goals forward,’ Piepszak stated. Additionally, as part of the leadership restructuring, other senior leaders have been given new responsibilities. JPMorgan Chase emphasized its commitment to a smooth transition as it approaches an evolving financial landscape. This announcement marks a significant moment for the bank as it navigates a future characterized by increasing competition and technological advances in the banking sector.
JPMorgan Chase’s COO Daniel Pinto to Step Down in June 2025 as Leadership Transitions Begin
