JPMorgan Chase has appointed Guy Halamish as Chief Operating Officer of its Commercial and Investment Bank (CIB), assigning him direct responsibility for advancing the division’s data and artificial intelligence strategy. The move forms part of a wider organizational overhaul designed to embed AI into core business processes rather than confining it to a standalone technology function.
Halamish, a veteran of more than 20 years at the firm, will work closely with the heads of global banking, markets, payments, and securities services. Each unit will now name a chief data and analytics officer who will report jointly to Halamish and business leadership, creating a dual structure aimed at aligning AI initiatives with revenue-generating activity. Early efforts will prioritize credit processing and client onboarding to deliver measurable efficiency gains.
The restructuring builds on foundations established by Teresa Heitsenrether, the bank’s Chief Data & Analytics Officer. The CIB generated $25 billion of the firm’s $58.5 billion net income in 2024, placing significant weight on execution as the group plans $18 billion in technology spending in 2025. A key asset in this strategy is the internally developed LLM Suite, a generative AI platform that reached 200,000 users within eight months of its 2024 launch. With Halamish now overseeing its expansion, the bank aims to integrate AI more deeply into high-value workflows across the division.
