JPMorgan names two unusual CIOs for tech devices

(Reuters) – JPMorgan Poke has appointed James Reid as chief information officer for a unusual unit gripping about growing and modernising know-how ragged by the bank’s 250,000 workers, an internal memo despatched on Friday and considered by Reuters confirmed.

Reid, who changed into most recently head of corporate know-how’s engineering and architecture team, turns into the bank’s first Gloomy CIO and the first Gloomy member of its know-how leadership team.

JPMorgan, the most attention-grabbing U.S. bank by sources, has furthermore appointed firm-large chief information officer Melissa Goldman as chief information officer for the renamed Finance, Risk, Records and Controls know-how unit, the memo acknowledged.

In her position, Goldman will proceed to handbook a team growing know-how for likelihood, compliance, finance, liquidity, controls and information capabilities.

Many banks are on the lookout for to modernise their systems, as more possibilities survey to work along with them digitally, and workers work and collaborate remotely.

The appointments furthermore practice a renewed dedication by JPMorgan dull final yr to toughen the variety of its crew and prolong racial and gender diversity in its most senior ranks.

As CIO for Employee Expertise and Company Expertise, Reid will tale to the banking neighborhood’s CIO Lori Beer and lead a team that builds and maintains systems ragged all around the bank’s corporate capabilities, corresponding to HR, perfect and audit, tax and robotics, the memo acknowledged.

Reid is a Eminent Engineer, a title given to a make a choice neighborhood of JPMorgan’s technologists who force the agency’s know-how plan, moreover to a member of the Cloud Possess Council, and a gallop-setter of diversity and inclusion initiatives at the firm.

Earlier than becoming a member of JPMorgan in 2019, Reid worked at Equifax for 17 years, where he changed into senior vp of core scheme engineering.