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JPMorgan names two women as potential successors to Jamie Dimon

JPMorgan Chase promoted two female executives on Tuesday who are potential successors to Chief Executive Jamie Dimon as it announced several leadership shifts near the top of the bank.

The biggest US bank by assets, JPMorgan said in a securities filing that Marianne Lake and Jennifer Piepszak would serve as co-chiefs of its Consumer & Community Banking business, putting the two executives in line to potentially take over Dimon.

Dimon, 65, congratulated the two executives during JPMorgan’s annual meeting Tuesday, noting that the pision’s current chief, Gordon Smith, will retire at the end of 2021.

Smith, 62, has also served as co-president with Daniel Pinto, 58, who will become the bank’s lone president and chief operating officer.

The consumer and community banking pision — which includes home lending, credit cards and auto loans in addition to consumer and business banking — accounted for nearly 40% of JPMorgan’s revenues in the most recent quarter, and comprises key public-facing functions.