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JPMorgan Payments Chief to Leave According to Memo


JPMorgan payments chief Georgakopoulos to leave, according to memo JPMorgan Chase’s global head of payments, Takis Georgakopoulos, is leaving to pursue other opportunities, prompting the bank to install new leaders atop one of its fastest-growing divisions, according to an internal memo seen by Reuters on Monday. Max Neukirchen and Umar Farooq have been picked to succeed Georgakopoulos, effective immediately. The appointments are the latest big leadership changes put in place by CEO candidates Jennifer Piepszak and Troy Rohrbaugh as they put their stamp on the newly-merged commercial and investment banking division. Georgakopoulos, who sat on the firm’s operating committee of…

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