JPMorgan Chase has named Jennifer Piepszak, co-CEO of consumer and community banking (CCB), and Troy Rohrbaugh, co-head of markets and securities services, as co-CEOs of the expanded Commercial & Investment Bank.
In addition, Doug Petno, CEO of the Commercial Bank, will lead an expanded commercial banking business, which will also encompass the global corporate banking group.
Viswas Raghavan, co-head of global investment banking, will become sole head of the Global Investment Banking franchise, while his partner, Jim Casey, has informed the company of his desire to take on an exciting new role in the firm.
Marc Badrichani, co-head of markets and securities services, has informed the company of his desire to pursue outside opportunities. He will work with his senior colleagues in the near term on transition plans for the Sales and Research group.
Jason Sippel and Pranav Thakur will become co-heads of the company’s top-ranked Markets Trading business.
