(Reuters) – JPMorgan Chase has appointed James Reid as chief data officer for a brand new unit targeted on creating and modernising technology utilized by the financial institution’s 250,000 staff, an inside memo despatched on Friday and seen by Reuters confirmed.
Reid, who was most just lately head of company know-how’s engineering and structure workforce, turns into the financial institution’s first Black CIO and the primary Black member of its know-how management workforce.
JPMorgan, the biggest U.S. financial institution by belongings, has additionally appointed company-wide chief knowledge officer Melissa Goldman as chief data officer for the renamed Finance, Threat, Knowledge and Controls know-how unit, the memo stated.
In her position, Goldman will proceed to steer a workforce creating know-how for threat, compliance, finance, liquidity, controls and knowledge capabilities.
The appointments additionally comply with a renewed dedication by JPMorgan late final 12 months to enhance the range of its workforce and improve racial and gender variety in its most senior ranks.
As CIO for Worker Expertise and Company Know-how, Reid will report back to the banking group’s CIO Lori Beer and lead a workforce that builds and maintains techniques used throughout the financial institution’s company capabilities, similar to HR, authorized and audit, tax and robotics, the memo stated.
Reid is a Distinguished Engineer, a title given to a choose group of JPMorgan’s technologists who drive the agency’s know-how technique, in addition to a member of the Cloud Design Council, and a pacesetter of variety and inclusion initiatives on the firm.
Previous to becoming a member of JPMorgan in 2019, Reid labored at Equifax for 17 years, the place he was senior vice chairman of core software program engineering.
VentureBeat’s mission is to be a digital city sq. for technical decision-makers to realize data about transformative know-how and transact.
Our web site delivers important data on knowledge applied sciences and methods to information you as you lead your organizations. We invite you to turn out to be a member of our neighborhood, to entry:
- up-to-date data on the themes of curiosity to you
- our newsletters
- gated thought-leader content material and discounted entry to our prized occasions, similar to Transform 2021: Learn More
- networking options, and extra