NEW YORK (Reuters) - JPMorgan Chase & Co (NYSE:JPM) named Ben Walter as its new head of business banking for the consumer & community banking division on Thursday, according to an internal memo seen by Reuters.
Walter joins JPMorgan from the insurance company Hiscox (LON:HSX) Ltd, where he worked for the past decade, most recently as the global retail chief executive officer, according to the memo sent by Consumer & Community Banking Co-CEOs Marianne Lake and Jennifer Piepszak. He previously worked at BlackRock (NYSE:BLK), the memo said.
Walter will replace Jennifer Roberts, who was promoted to lead consumer banking in March.
He will join the bank in New York starting in October.