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.