Might 22 (Reuters) – JPMorgan Chase & Co (JPM.N) CEO Jamie Dimon stated he nonetheless approaches his job main the biggest U.S. financial institution with the identical depth, when requested by analysts about his retirement plans on Monday.
Succession plans of Wall Road giants have come into focus after Morgan Stanley (MS.N) chief James Gorman outlined steps final week at hand over reins in twelve months.
Requested what number of extra years he needed to remain as CEO, Dimon stated, with fun, “three and a half.” He added that he was on the identical timetable as earlier than, with out specifying a interval.
Dimon, 67, efficiently steered JPMorgan via a number of monetary crises to emerge as probably the most resilient since he took over the financial institution in 2006. His emphasis on constructing a “fortress steadiness sheet” for over a decade has received large favor amongst shareholders and buyers.
Arguably probably the most highly effective voice on Wall Road, he’s usually requested to weigh in on financial, enterprise and public coverage points.
Reporting by Nupur Anand and Lananh Nguyen in New York, Manya Saini in Bengaluru; Modifying by Leslie Adler
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