Chase Hires New Retail Branch Executive and Gives New Responsibilities to Head of E-business.Business Editors NEW YORK--(BUSINESS WIRE)--Jan. 13, 2003 JPMorgan Chase Bank (Chase) (NYSE NYSE See: New York Stock Exchange : JPM JPM J. P. Morgan Chase & Co. (stock symbol) JPM Juan Pablo Montoya (formula 1 driver) JPM Jabatan Perdana Menteri (Malaysia) JPM Journal of Property Management ) announced the hiring of C. Mack as executive vice president and Retail Branch Executive and new responsibilities for Yawar Shah, executive vice president and E-Business Executive. In an internal announcement, Harold Pote, executive vice president of the firm's Regional Banking Group (RBG RBG Royal Botanical Gardens RBG Revolutionary But Gangsta (Dead Prez album) RBG Regalbediengerät (machine for moving pallets in an automatic warehouse) RBG Red Blue and Green ), announced the hiring of C. Mack as executive vice president and new Retail Branch Executive, responsible for Chase's entire network of 528 branches in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Connecticut, New Jersey and Texas. Mr. Mack, 43, is joining the firm from Citicorp, where he was President of Citibank FSB (FrontSide Bus) See system bus. FSB - front side bus and managed the North American branches excluding New York, encompassing six states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Puerto Rico and Canada. Prior to Citicorp, he held marketing executive positions with Ryder System, Inc. and Procter & Gamble. Mr. Pote also announced that Mr. Shah, executive vice president and current E-Business Executive, would be joining the RBG management team as Channels & Operations Executive, with responsibility for the phone, Internet and ATM distribution channels, as well as regional operations. Having joined Chemical Bank, a JPMorgan Chase predecessor bank, in 1987, Mr. Shah, 43, has held several positions with the firm, including e-business executive for Retail and Middle Market Financial Services, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for the Global Private Bank and general manager of the Global Treasury Management Services businesses. He also serves on the board of S.W.I.F.T., a global payments and securities network. "I am very enthusiastic about the contributions that Yawar and C. Mack can make as we move into an exciting agenda for 2003," said Mr. Pote. Both positions are effective immediately and report to Mr. Pote. Mr. Shah will continue to manage e-business until a successor is named. J.P. Morgan Chase & Co. is a leading global financial services firm with assets of $742 billion and operations in more than 50 countries. The firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services, and retail and middle market financial services. A component of the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. , JPMorgan Chase is headquartered in New York and serves more than 30 million consumer customers and the world's most prominent corporate, institutional and government clients. Information about JPMorgan Chase is available on the internet at www.jpmorganchase.com. |
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