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.
Advertisement
EVENT
Saksham Bharat 2026
A multi-stakeholder dialogue on skilling gap in Cybersecurity, Data Resilience and AI — and the roadmap to a Saksham Bharat.
Infosec Reimagined 2026 is the premier information security summit where top leaders—CISOs, CROs, CIOs, CTOs and risk executives—converge to redefine cyber resilience.
Digital Senate is a premier conference uniting government leaders, technologists and innovators to share ideas, success stories and strategies on digital governance, public sector transformation, cybersecurity and emerging technologies in India.
CIO Prism unites forward-thinking technology leaders to exchange transformative insights, shape digital strategies, and foster innovation, empowering enterprises to excel in an era of rapid technological change.
Jolly joined JP Morgan in April after leading Bank of America 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.
Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
India flagged off Suryastra, its first indigenous 300 kilometre range rocket launching system, at a new private sector defence complex in Shirdi. The facility will manufacture missiles, artillery and autonomous defence platforms.
