Finance
JPMorgan Taps Investment Bank Veteran to Lead the Firm’s AI Push
- Dimon has called artificial intelligence critical for the bank
- Tim Fitzgerald will take over securities-services business
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JPMorgan Chase & Co. named Teresa Heitsenrether head of a new data and analytics unit, part of an artificial-intelligence push that Chief Executive Officer Jamie Dimon has called “critical to our company’s future success.”
The appointment is effective immediately, according to an internal memo Wednesday from Dimon and President Daniel Pinto. Heitsenrether, who has been at JPMorgan for more than three decades, will continue to report to Pinto and be a part of the firm’s top leadership body.