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JPMorgan Chase today announced the creation of a new U.S. wealth management division led by Kristin Lemkau as CEO. The appointment was effective on Dec. 12.
Lemkau (recognized as part of the Adweek 50 in 2016) has been with the bank for 21 years, most recently as CMO. A statement noted Lemkau helped to double CCB revenue in six years. JPMorgan Chase also said a replacement will be announced in the coming weeks.
Lemkau will work closely with Gordon Smith, co-president, COO and CEO of consumer and community banking.
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