JPMorgan names Ben Walter head of banking unit

Bloomberg

JPMorgan Chase & Co tapped Hiscox Ltd’s Ben Walter to lead the
firm’s business-banking division, succeeding Jennifer Roberts, who was named head of consumer banking earlier this year.
Walter, 47, will join the biggest US bank in October as chief executive officer of the unit, which provides services to small businesses with as much as
$20 million in annual revenue, according to an internal memo from consumer and community banking co-heads Marianne Lake and Jennifer Piepszak.
“Ben thinks customer first, and has a proven track record of driving business growth and building worldwide retail brands,” Lake and Piepszak wrote in the memo.
“We’re looking forward to Ben’s leadership and expertise to make it even easier for our customers to grow their businesses.”
Walter led global retail at insurer Hiscox for the past three years.