Finance

JPMorgan appoints Allison Beer as CEO of Chase's card business

2 minute read

A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar

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Sept 9 (Reuters) - JPMorgan Chase & Co (JPM.N) on Thursday appointed Allison Beer as the chief executive officer of cards at Chase, making her the third woman in a row to lead the cards business at the retail bank.

Beer took over the reins from Marianne Lake, who is currently co-head of the consumer and community banking division with Jennifer Piepszak, also a former CEO of the cards business at Chase.

Beer joined the bank in 2017 to lead partnerships with payments companies in the bank's digital division. Her team managed partnerships with Apple Pay, Samsung Pay and Android Pay, among others.

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She was formerly with American Express Co (AXP.N), where she held key roles across mergers and acquisitions, card benefits and digital partnerships.

The bank named Rohan Amin as the chief product officer of Chase, a role that was held by Beer before her appointment as CEO of cards. Amin joined JPMorgan Chase from Lockheed Martin in 2014, where he ran the global cybersecurity solutions division.

JPMorgan also appointed Gill Haus to the role of chief information officer at Chase. Haus, who joined the bank right before the pandemic took hold in the U.S. in February 2020 from Capital One, was hired to lead digital technology for the consumer bank.

Chase is JPMorgan's retail bank which is housed within its consumer & community banking division.

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Reporting by Sohini Podder in Bengaluru and Elizabeth Dilts Marshall in New York; Editing by Shailesh Kuber

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