JPMorgan Names Halamish as COO to Accelerate AI Implementation

JPMorgan Chase has named Guy Halamish as the Chief Operating Officer of its commercial and investment bank (CIB), tasking him with leading the division’s data and artificial intelligence strategy. The appointment was confirmed via an internal memo signed by CIB co-heads Doug Petno and Troy Rohrbaugh.

Halamish, who has spent more than 20+ years at JPMorgan, steps into a role explicitly framed around “maximizing the impact of AI” and “harnessing the power of our data,” according to the memo.

Rather than a traditional COO remit focused purely on processes and costs, his remit is to knit together data, analytics, and AI strategy across businesses that collectively generated roughly half of the firm’s net income last year. He will work directly with the leaders of JPMorgan’s four major CIB divisions.

At the core of this reorganization is a new data operating model. Each major CIB business including global banking, markets, payments, and securities services will have its own chief data and analytics officer who reports jointly to Halamish and the respective business head.