Jamie Dimon says That His eventual successor is an executive working at JPMorgan

Jamie Dimon, CEO of JPMorgan Chase amp Co, said on Tuesday that his eventual successor is an executive working in the bank.

Dimon, talking at the CNBC Institutional Investor Delivering Alpha Conference in New York, said “there are plenty of people” in the lender who board members understand could do his job today if needed.

Dimon, 61, made the remark after being asked if he could be succeeded by Gary Cohn, the former chief operating officer of Goldman Sachs Group Inc who’s currently President Donald Trump’s top economic advisor but who was unhappy about some of Trump’s answers to the recent protests in Charlottesville, Virginia.

“The president needs powerful people and Gary is one of these,” said Dimon, who has directed the bank since 2005.

Dimon, repeating a statement he’s made for a couple of years, said he would like to stay the bank’s chief executive for the following five decades.

Courtesy: The Globe And Mail

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