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MOVES-JPMorgan names new leadership for key commercial banking units
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MOVES-JPMorgan names new leadership for key commercial banking units
May 25, 2025 10:13 PM

April 30 (Reuters) - JPMorgan Chase ( JPM ) has

appointed Andrew Kresse and Brian Lamb to lead two key sectors

in its commercial banking business, the largest U.S. lender said

on Wednesday, as it continues to reorganize the unit.

The move follows a greater leadership reshuffle in February

in which Melissa Smith and Matt Sable were appointed co-heads of

commercial banking, a unit that serves over 70,000 clients

across 154 locations in the U.S. and Canada.

Kresse, a two-decade company veteran, will co-lead the

Innovation Economy (IE) sector, along with John China.

The IE sector employs 500 bankers serving nearly 10,000

venture capital firms, founders, and high-growth venture-backed

companies across U.S. and Canada.

Kresse has previously led the international expansion of the

bank's heritage Corporate Client Banking (hCCB) International

business and established IE teams in Europe, the Middle East,

Africa, and Asia-Pacific. He takes over the role from Smith.

Lamb will head the Specialized Industries (SI) sector, which

provides industry expertise and tailored solutions to businesses

and organizations across a wide range of sectors.

Formerly the head of the Northeast segment of commercial

banking, Lamb has also served as the global head of diversity,

equity & inclusion (DEI) for JPMorganChase.

Kresse and Lamb will both report to Smith and Sable.

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