Friday, September 17, 2021

Citigroup veteran Lisa Davis to lead digital commercial payments at JP Morgan

In a bid to give a boost to its commercial payments business, JP Morgan Chase & Co has hired Citigroup Inc veteran Lisa Davis to oversee various digital products of the investment banking company’s businesses, Reuters reported.

According to the report, prior to joining JP Morgan, Davis spent 22 years at Citigroup where she headed the bank’s start up incubator within its institutional clients group.

Davis will succeed Sairam Rangachari as head of channels as he moves to a new role within the bank, an internal memo signed by Hubert JP Jolly, global head of payments for Wholesale Payments, said.

Jolly joined JP Morgan in April after leading Bank of Corp’s global commercial banking, global transaction services and channels.

JP Morgan also said in April that it was hiring the head of cryptocurrency trading platform Bakkt, Mike Blandina, as its new head of wholesale payments technology.


Subscribe to receive the day's headlines from Tech Observer straight in your inbox

- Advertisement -



Please enter your comment!
Please enter your name here


Please enter your comment!
Please enter your name here

- Advertisement -Digital Senate

With govt telecom relief package, Vodafone Idea gets AGR breather but balance sheet pinch to continue

The telecoms sector's relief package is anticipated to benefit not just all wireless providers, but particularly Vodafone Idea, which is said to be closing. Vodafone Idea, India's third-largest operator by user base, is reported to be on the verge of bankruptcy due to rising debt and operational costs. 


Enable Notifications    OK No thanks