June 25 (Reuters) – JPMorgan Chase on Thursday named insiders Doug Petno and Troy Rohrbaugh as co-presidents of the bank.
Rohrbaugh will become CEO of consumer and community banking, as Marianne Lake, who led the business, is set to retire, JPMorgan said.
Petno will become sole CEO of the commercial and investment bank as part of a leadership shuffle.
“The promotions of Petno and Rohrbaugh to co-presidents and sole CEOs of the company’s two largest businesses are part of the board’s ongoing succession planning process,” the company said in a statement.
(Reporting by Manya Saini in Bengaluru; Editing by Leroy Leo)
