JPMorgan Hands Lake, Seen as a Contender to Succeed Dimon, More Responsibility

JPMorgan Chase & Co. is putting Marianne Lake, one of the leading contenders to one day take over for Chief Executive Officer Jamie Dimon, in charge of strategic growth and the firm’s fast-growing overseas consumer bank.

The appointment follows the departure of Sanoke Viswanathan, who’s leaving to become CEO of the data company FactSet, according to a memo to staff seen by Bloomberg News. Viswanathan had been a member of JPMorgan’s executive committee and had previously been seen as another possible successor to Dimon.