[1/2] Signage is seen at the JPMorgan Chase & Co. New York Head Quarters in Manhattan, New York City, U.S., June 30, 2022.
REUTERS/Andrew KellyNEW YORK, Jan 12 (Reuters) - JPMorgan Chase & Co (JPM.N) on Thursday named Anu Aiyengar as the sole head of its global mergers and acquisitions (M&A) franchise after co-head Dirk Albersmeier stepped down from the role, cementing her status as the only female executive leading global M&A on Wall Street.
Albersmeier will take on a new "wholly client and transaction-focused role" within JPMorgan, according to the memo.
"Going forward, Anu will be the sole head of our global M&A business and Dirk will focus exclusively on providing our clients with first-class M&A advice and continuing to mentor the next generation of M&A leaders," the memo said.
Aiyengar, a JPMorgan veteran of more than two decades, has led the bank's M&A franchise since she was promoted to the role alongside Albersmeier in 2020.