Finance

JPMorgan Names O’Donovan Head of International Consumer Bank

JPMorgan Chase & Co. named Mark O’Donovan head of its international consumer bank, giving him oversight of the firm’s existing consumer offering in the UK, planned launch in Germany and stake in Brazil’s C6 Bank.

O’Donovan will relocate to London and report to Marianne Lake, head of JPMorgan’s consumer and community banking arm who recently added the international consumer bank and strategic growth to her remit, according to an internal memo Monday. Bregje de Best will succeed O’Donovan as chief financial officer of the commercial and investment bank, and her former co-head of global corporate banking, James Roddy, will take sole control of that business.