In June, Daniel Pinto, JPMorgan Chase's longtime second-in-command to Jamie Dimon, will depart.

In June, Daniel Pinto, JPMorgan Chase's longtime second-in-command to Jamie Dimon, will depart.
In June, Daniel Pinto, JPMorgan Chase's longtime second-in-command to Jamie Dimon, will depart.

It was announced on Tuesday that Daniel Pinto, the Chief Operating Officer and President, will resign from his positions in the near future, and Jamie Dimon, the CEO, will be promoted to a crucial company-wide role.

Pinto, who has worked at JPMorgan and a predecessor firm for more than four decades, will step down as COO and president in June and retire at the end of 2026, the bank announced.

This story is developing. Please check back for updates.

by Hugh Son

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