JPMorgan Chase Promotes 135 Executives to Managing Director in Banking and Markets
JPMorgan Chase announced promotions of 135 executives to managing director in its global banking and markets divisions. The promotions are part of a larger group across the company and come amid strong first-quarter financial results. Business Insider obtained the list of names in those divisions.
This year's class in global banking and markets is larger than the previous year, when the company promoted 118 employees in those areas. The promotions occurred this week as part of the firm's annual spring process. 5 billion in net income for the first quarter of 2026, a 13% increase from the same period in 2025.
The commercial and investment bank division generated about $9 billion in net income, up 30% year-over-year, amid improved dealmaking activity on Wall Street. Executives warned about the effects of ongoing instability.
Business Insider obtained the list of the 135 new managing directors in global banking and markets. The names include Anand Agarwal in Global Investment Banking, Tamo Arends in Global Investment Banking, Carlos Aspillaga in Global Corporate Banking, Ali Bach in Global Investment Banking, Kelly Becker in Global Investment Banking, Varun Behl in Global Investment Banking, Jeremy Berntsen in Global Investment Banking, Hunter Bollman in Global Investment Banking, Alessandro Caramanica in Global Investment Banking, Anthony Carpentieri in Commercial Banking, Chris Cassidy in Commercial Banking, Glenn Chernyak in Commercial Banking, Casey Chopek in Global Investment Banking, Robby Cohenour in Commercial Banking, Ryan Conlon in Global Corporate Banking, Tim Cornelius in Global Investment Banking, Nick Cribb in Global Investment Banking, Courtney Culliton in Commercial Banking, Kevin Curtin in Global Investment Banking, Bridget Dalton in Global Investment Banking, Juan De Yeregui Guillen in Global Corporate Banking, Michael Esposito in Commercial Banking, Julie Farrell in Commercial Banking, Khalid Fayez in Global Corporate Banking, Joe Ferraiolo in Global Investment Banking, Miguel Fornies in Global Investment Banking, Atul Garg in Global Investment Banking, Derek Robert Garman in Global Corporate Banking, Christine Gay in Global Services, Raphael Gindre in Global Investment Banking, Brandt Matthew Grobeis in Global Corporate Banking, Susan Grossman in Global Services, Mike Guttilla in Commercial Banking, Sam Hallowell in Commercial Banking, Boy Hartsuiker in Global Corporate Banking, Hiroshi Hattori in Global Corporate Banking, Becca Hesser in Global Services, Steven Matthew Hodapp in Commercial Banking, Will Holyoak in Global Investment Banking, Benoit Hourdain in Global Corporate Banking, Juan Huertas in Global Investment Banking, Michael Janik in Global Investment Banking, Henrik Jansen in Global Investment Banking, Shawn Jiang in Global Investment Banking, Sam Johnson in Global Investment Banking, Rohit Kumar in Global Corporate Banking, Nigel Kwok in Global Investment Banking, Eduardo Landaburu in Global Investment Banking, Steven Lau in Product & Experience, Jack Levendoski in Global Investment Banking, Gissell Lopez E in Global Investment Banking, Sherrill Lu in Global Investment Banking, Joseph Luna in Commercial Banking, Sean MacGregor in Global Investment Banking, Mike Manna in Commercial Banking, Javier Martinez in Global Investment Banking, Natasha Masand in Commercial Banking, Georges Massoud in Global Investment Banking, Jeff McCullough in Global Services.
The list reflects the firm's operations in investment banking, corporate banking, commercial banking, and related services.
Key Facts
Story Timeline
3 events- This week
JPMorgan Chase promoted 135 executives to managing director in global banking and markets.
1 sourceBusiness Insider - First quarter of 2026
JPMorgan Chase reported $16.5 billion in net income, up 13% year-over-year.
1 sourceBusiness Insider - 2025
JPMorgan Chase promoted 118 employees to managing director in global banking and markets.
1 sourceBusiness Insider
Potential Impact
- 01
The promotions may support expanded dealmaking activities in global banking amid improved market conditions.
- 02
Increased managing director roles could enhance JPMorgan's operational capacity in trading and investment banking.
- 03
The larger promotion class might reflect positive financial performance and attract talent to the firm.
Transparency Panel
Related Stories
washingtontimes.comUS Treasury Secretary Announces No Renewal of Iranian and Russian Oil Waivers
US Treasury Secretary Scott Bessent stated that the United States will not renew waivers for purchasing Iranian and Russian oil products at sea. This decision comes amid the US-Israeli war in Iran and the closure of the Strait of Hormuz, impacting global energy markets. Bessent c…
algemeiner.comIran Denies Seeking U.S. Talks as Mediators Report Potential Meetings
Iran has denied requesting direct talks with the United States, stating that U.S. officials are pushing for negotiations through Pakistani intermediaries. A Pakistani official reported that delegations from both countries are set to meet with mediators, with a possible direct mee…
washingtontimes.comTrump Administration Considers Defense Production Act for Spirit Airlines Bailout
The Trump administration is exploring the use of the Defense Production Act to provide a $500 million loan to Spirit Airlines amid its second bankruptcy in two years. Rising jet fuel costs from the Iran war have strained the airline, prompting discussions of federal intervention…